Short Interest in Rumble Inc. (NASDAQ:RUMBW) Declines By 60.0%

Rumble Inc. (NASDAQ:RUMBW) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 1,000 shares, a drop of 60.0% from the November 30th total of 2,500 shares. Based on an average daily volume of 61,000 shares, the short-interest ratio is currently 0.0 days.

Rumble Price Performance

NASDAQ:RUMBW traded down $0.06 during trading hours on Friday, reaching $6.21. The company’s stock had a trading volume of 152,992 shares, compared to its average volume of 39,369. The firm has a 50-day simple moving average of $2.35 and a 200-day simple moving average of $1.59. Rumble has a 1 year low of $0.62 and a 1 year high of $7.00.

About Rumble

Rumble Inc operates video sharing platforms in the United States, Canada, and internationally. The company operates rumble.com, a free-to-use video sharing and livestreaming platform where users can subscribe to channels to stay in touch with creators, and access video on-demand (VOD) and live content streamed by creators.