RIT Capital Partners Plc (OTCMKTS:RITPF – Get Free Report) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,195 shares, a decline of 38.4% from the May 14th total of 1,939 shares. Based on an average trading volume of 6 shares, the short-interest ratio is presently 199.2 days.
RIT Capital Partners Price Performance
Shares of RITPF stock opened at C$31.50 on Monday. RIT Capital Partners has a 1 year low of C$25.50 and a 1 year high of C$31.88. The firm has a fifty day moving average price of C$30.49 and a 200-day moving average price of C$29.97.
Analyst Ratings Changes
Separately, Barclays initiated coverage on shares of RIT Capital Partners in a research report on Thursday, April 23rd. They set an “overweight” rating for the company. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, RIT Capital Partners currently has an average rating of “Buy”.
About RIT Capital Partners
RIT Capital Partners PLC is a London-listed investment trust that seeks to preserve and grow real capital over the long term through a diversified, multi-asset strategy. The trust’s portfolio combines direct holdings and external mandates across public equities, fixed income, private equity, property, commodities and hedge funds. By blending traditional and alternative investments, RIT Capital aims to deliver inflation-adjusted returns while managing risk through rigorous research and dynamic asset allocation.
Founded in 1961 as the Rothschild Investment Trust, the company has evolved into a globally oriented investment vehicle headquartered in London.
Further Reading
- Five stocks we like better than RIT Capital Partners
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
Receive News & Ratings for RIT Capital Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RIT Capital Partners and related companies with MarketBeat.com's FREE daily email newsletter.
