Rumble Inc. (NASDAQ:RUMBW) Sees Significant Increase in Short Interest

Rumble Inc. (NASDAQ:RUMBW) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 5,900 shares, an increase of 742.9% from the September 30th total of 700 shares. Based on an average trading volume of 20,900 shares, the short-interest ratio is currently 0.3 days.

Rumble Stock Performance

RUMBW traded up $0.08 during trading on Friday, hitting $1.36. The stock had a trading volume of 7,109 shares, compared to its average volume of 28,488. The company has a 50 day moving average price of $1.20 and a 200-day moving average price of $1.32. Rumble has a one year low of $0.62 and a one year high of $2.69.

Rumble Company Profile

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.