Rheinmetall AG (OTCMKTS:RNMBY) Short Interest Down 73.4% in December

Rheinmetall AG (OTCMKTS:RNMBY) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 2,500 shares, a drop of 73.4% from the December 15th total of 9,400 shares. Based on an average daily volume of 30,400 shares, the short-interest ratio is currently 0.1 days.

Rheinmetall Price Performance

Shares of RNMBY stock traded down $1.77 on Monday, hitting $131.66. The stock had a trading volume of 65,964 shares, compared to its average volume of 30,766. The stock’s 50 day moving average is $126.70 and its 200-day moving average is $116.28. Rheinmetall has a 52-week low of $68.58 and a 52-week high of $139.60.

About Rheinmetall

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.