Rightmove plc (OTCMKTS:RTMVY – Get Free Report) saw a significant decrease in short interest in October. As of October 15th, there was short interest totalling 36,300 shares, a decrease of 54.9% from the September 30th total of 80,400 shares. Based on an average daily volume of 79,000 shares, the days-to-cover ratio is presently 0.5 days.
Rightmove Price Performance
Shares of RTMVY traded down $0.34 during trading hours on Friday, reaching $16.05. 20,559 shares of the company’s stock traded hands, compared to its average volume of 49,230. The business’s fifty day simple moving average is $16.65 and its two-hundred day simple moving average is $14.88. Rightmove has a twelve month low of $11.24 and a twelve month high of $19.20.
Rightmove Cuts Dividend
The business also recently announced a dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Friday, September 27th will be given a $0.0781 dividend. The ex-dividend date is Friday, September 27th.
About Rightmove
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.
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