RTL Group S.A. (OTCMKTS:RGLXY) Sees Large Decline in Short Interest

RTL Group S.A. (OTCMKTS:RGLXY) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 800 shares, a drop of 70.4% from the August 15th total of 2,700 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 4.0 days.

RTL Group Stock Performance

Shares of RGLXY remained flat at $3.49 during mid-day trading on Thursday. RTL Group has a 1 year low of $2.89 and a 1 year high of $3.84. The firm’s 50 day simple moving average is $3.52 and its 200 day simple moving average is $3.44.

RTL Group Company Profile

RTL Group SA, an entertainment company, operates television (TV) channels and radio stations, and provides streaming services in Germany, France, the Netherlands, Belgium, the United Kingdom, the United States, and internationally. The RTL Deutschland segment operates TV, streaming, radio, digital, and publishing; owns TV channels, magazines, podcasts, and various digital offerings; and radio groups, including Antenne Bayern and Radio Hamburg.