Reckitt Benckiser Group plc (OTCMKTS:RBGLY) Short Interest Up 833.3% in November

Reckitt Benckiser Group plc (OTCMKTS:RBGLY) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 212,800 shares, a growth of 833.3% from the October 31st total of 22,800 shares. Based on an average daily volume of 1,855,900 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Several brokerages recently commented on RBGLY. UBS Group upgraded Reckitt Benckiser Group to a “strong-buy” rating in a report on Wednesday, September 18th. Sanford C. Bernstein cut shares of Reckitt Benckiser Group from a “strong-buy” rating to a “hold” rating in a report on Monday, November 4th. Citigroup raised shares of Reckitt Benckiser Group to a “strong-buy” rating in a research note on Tuesday, October 1st. JPMorgan Chase & Co. downgraded Reckitt Benckiser Group from an “overweight” rating to a “neutral” rating in a research note on Thursday, August 29th. Finally, Barclays raised shares of Reckitt Benckiser Group to a “strong-buy” rating in a research report on Friday, October 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, Reckitt Benckiser Group has a consensus rating of “Moderate Buy”.

Reckitt Benckiser Group Stock Performance

Shares of Reckitt Benckiser Group stock traded up $0.10 on Wednesday, hitting $12.39. The company had a trading volume of 293,064 shares, compared to its average volume of 1,491,275. Reckitt Benckiser Group has a twelve month low of $10.24 and a twelve month high of $15.03. The company has a quick ratio of 0.47, a current ratio of 0.69 and a debt-to-equity ratio of 0.97. The stock has a 50-day moving average of $12.33 and a 200-day moving average of $11.67.

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands.