Short Interest in RIT Capital Partners Plc (OTCMKTS:RITPF) Increases By 672.3%

RIT Capital Partners Plc (OTCMKTS:RITPFGet Free Report) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,228 shares, an increase of 672.3% from the April 15th total of 159 shares. Based on an average daily trading volume, of 9 shares, the days-to-cover ratio is currently 136.4 days.

RIT Capital Partners Stock Performance

RITPF stock remained flat at C$31.50 during midday trading on Wednesday. 361 shares of the company traded hands, compared to its average volume of 624. RIT Capital Partners has a 52 week low of C$25.50 and a 52 week high of C$31.88. The company’s fifty day moving average is C$29.79 and its two-hundred day moving average is C$29.43.

Wall Street Analysts Forecast Growth

Separately, Barclays assumed coverage on RIT Capital Partners in a research report on Thursday, April 23rd. They set an “overweight” rating for the company. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

Read Our Latest Research Report on RIT Capital Partners

About RIT Capital Partners

(Get Free Report)

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.

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