Rightmove plc (OTCMKTS:RTMVY – Get Free Report) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 29,900 shares, a decline of 80.4% from the August 15th total of 152,300 shares. Based on an average daily trading volume, of 89,800 shares, the short-interest ratio is currently 0.3 days.
Rightmove Trading Down 0.8 %
OTCMKTS RTMVY traded down $0.14 on Thursday, reaching $17.64. The company had a trading volume of 26,678 shares, compared to its average volume of 49,794. The company’s fifty day moving average is $14.80 and its 200 day moving average is $14.24. Rightmove has a 52-week low of $11.24 and a 52-week high of $18.60.
Rightmove Cuts Dividend
The company also recently declared a dividend, which will be paid on Tuesday, November 12th. Investors of record on Friday, September 27th will be given a dividend of $0.0781 per share. The ex-dividend date is Friday, September 27th.
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.
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