Rightmove plc (OTCMKTS:RTMVF) Short Interest Down 27.0% in March

Rightmove plc (OTCMKTS:RTMVF) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 618,900 shares, a drop of 27.0% from the March 15th total of 848,200 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 687.7 days.

Rightmove Stock Performance

Rightmove stock remained flat at $8.90 during trading on Friday. The firm’s 50 day moving average price is $8.67 and its 200 day moving average price is $8.27. Rightmove has a 52 week low of $6.77 and a 52 week high of $9.48.

Rightmove Company Profile

Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms.