Rio Tinto Group (OTCMKTS:RTNTF) Short Interest Up 18.3% in October

Rio Tinto Group (OTCMKTS:RTNTF) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 794,000 shares, a growth of 18.3% from the September 30th total of 671,400 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is presently 1,323.3 days.

Rio Tinto Group Price Performance

Shares of OTCMKTS RTNTF remained flat at $77.00 during midday trading on Wednesday. 96 shares of the stock traded hands, compared to its average volume of 724. Rio Tinto Group has a 12-month low of $70.39 and a 12-month high of $94.30. The company has a 50-day moving average price of $78.82 and a two-hundred day moving average price of $80.60.

About Rio Tinto Group

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.