RTL Group S.A. (OTCMKTS:RGLXY) Stock Short Interest Climbs 2,425.0%

RTL Group S.A. (OTCMKTS:RGLXY – Get Free Report) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 404 shares, an increase of 2,425.0% from the August 31st total of 16 shares. Based on an average daily volume of 1,783 shares, the days-to-cover ratio is presently 0.2 days.

RTL Group Stock Performance

Shares of RTL Group stock remained flat at $3.71 during trading on Thursday. The stock had a trading volume of 1,000 shares, compared to its average volume of 1,550. The firm’s 50-day moving average is $3.62 and its two-hundred day moving average is $3.87. RTL Group has a 1 year low of $3.13 and a 1 year high of $5.25.

RTL Group Company Profile

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RTL Group SA is a Luxembourg-based international media and entertainment company and a subsidiary of Bertelsmann. The group operates television networks, radio stations, streaming services and content-production businesses across Europe and other markets.

Its activities include free-to-air and pay television, digital video and streaming, radio broadcasting, and the development and distribution of scripted and unscripted programming. RTL Group’s portfolio includes brands such as RTL, RTL+, VOX and ntv, while its production and content division, Fremantle, produces television formats, series, films and documentaries for broadcasters and streaming platforms worldwide.

RTL Group has operations and investments in countries including Germany, France, the Netherlands, Belgium, Hungary and Luxembourg, with Fremantle extending its production and distribution activities internationally.

Further Reading

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