Rheinmetall AG (OTCMKTS:RNMBY) Short Interest Up 1,550.0% in November

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

Rheinmetall Price Performance

RNMBY stock traded up $1.18 during midday trading on Wednesday, hitting $129.16. The stock had a trading volume of 18,288 shares, compared to its average volume of 22,582. The business has a fifty day moving average price of $111.88 and a two-hundred day moving average price of $111.89. Rheinmetall has a 1-year low of $59.81 and a 1-year high of $129.95.

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.