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

Rheinmetall AG (OTCMKTS:RNMBY) was the recipient of a large increase in short interest in 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 volume of 49,500 shares, the short-interest ratio is currently 0.1 days.

Rheinmetall Price Performance

RNMBY stock traded up $1.18 during trading hours on Wednesday, reaching $129.16. 18,288 shares of the stock were exchanged, compared to its average volume of 22,582. The firm’s 50-day moving average is $111.88 and its 200-day moving average is $111.89. Rheinmetall has a 12 month low of $59.81 and a 12 month 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.