Rio Tinto Group (OTCMKTS:RTNTF – Get Free Report) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 150,899 shares, a decrease of 49.2% from the June 15th total of 296,985 shares. Based on an average trading volume of 186 shares, the short-interest ratio is presently 811.3 days.
Rio Tinto Group Stock Up 1.0%
Shares of OTCMKTS RTNTF opened at $111.05 on Thursday. Rio Tinto Group has a fifty-two week low of $71.00 and a fifty-two week high of $133.85. The firm’s 50-day simple moving average is $125.24 and its 200 day simple moving average is $115.70.
About Rio Tinto Group
Rio Tinto Group is an Anglo-Australian multinational mining and metals company engaged in the exploration, development and production of a broad portfolio of commodities. The company’s primary products include iron ore, aluminum, copper, diamonds, gold, uranium, titanium dioxide and borates, with salt and industrial minerals also contributing to its output. Rio Tinto’s vertically integrated operations span the full value chain, encompassing extraction, processing, refining and marketing activities.
Founded in 1873 to develop copper reserves in the Rio Tinto region of Spain, the company has grown into one of the world’s largest mining groups.
Featured Stories
- Five stocks we like better than Rio Tinto Group
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Receive News & Ratings for Rio Tinto Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rio Tinto Group and related companies with MarketBeat.com's FREE daily email newsletter.
