Rheinmetall AG (OTCMKTS:RNMBY) Short Interest Down 88.5% in March

Rheinmetall AG (OTCMKTS:RNMBY) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 2,000 shares, a decrease of 88.5% from the February 29th total of 17,400 shares. Based on an average daily volume of 38,400 shares, the days-to-cover ratio is presently 0.1 days.

Rheinmetall Trading Up 1.9 %

Rheinmetall stock traded up $2.10 during mid-day trading on Thursday, reaching $112.60. 22,807 shares of the company traded hands, compared to its average volume of 19,903. Rheinmetall has a fifty-two week low of $48.50 and a fifty-two week high of $113.08. The firm’s fifty day moving average is $86.99 and its two-hundred day moving average is $69.01.

Rheinmetall Company Profile

Rheinmetall AG provides technologies to the mobility and security sectors worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, support, logistics, and special vehicles, including armored tracked vehicles, CBRN protection systems, turret systems, and wheeled logistics and tactical vehicles.