Short Interest in Rheinmetall AG (OTCMKTS:RNMBY) Increases By 1,550.0%

Rheinmetall AG (OTCMKTS:RNMBY) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 3,300 shares, a growth of 1,550.0% from the October 31st total of 200 shares. Based on an average daily volume of 49,500 shares, the days-to-cover ratio is presently 0.1 days.

Rheinmetall Price Performance

OTCMKTS:RNMBY traded up $0.87 during midday trading on Thursday, hitting $130.03. The company’s stock had a trading volume of 10,580 shares, compared to its average volume of 22,529. Rheinmetall has a fifty-two week low of $59.85 and a fifty-two week high of $130.34. The firm’s 50 day moving average is $112.35 and its 200-day moving average is $112.01.

Rheinmetall Company Profile

Rheinmetall AG provides mobility and security technologies 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, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles.