Reckitt Benckiser Group plc (OTCMKTS:RBGLY) Short Interest Update

Reckitt Benckiser Group plc (OTCMKTS:RBGLY) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 4,300 shares, a decrease of 97.2% from the November 30th total of 154,900 shares. Based on an average trading volume of 721,100 shares, the days-to-cover ratio is currently 0.0 days.

Reckitt Benckiser Group Trading Up 0.7 %

OTCMKTS RBGLY traded up $0.08 during trading on Friday, reaching $12.13. 312,350 shares of the company’s stock traded hands, compared to its average volume of 844,703. Reckitt Benckiser Group has a 12-month low of $10.24 and a 12-month high of $15.03. The company has a current ratio of 0.69, a quick ratio of 0.47 and a debt-to-equity ratio of 0.97. The company’s 50 day simple moving average is $12.31 and its two-hundred day simple moving average is $11.78.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on RBGLY shares. Barclays upgraded Reckitt Benckiser Group to a “strong-buy” rating in a research report on Friday, October 4th. HSBC upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th. UBS Group upgraded shares of Reckitt Benckiser Group to a “strong-buy” rating in a research note on Wednesday, September 18th. Sanford C. Bernstein downgraded shares of Reckitt Benckiser Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 4th. Finally, JPMorgan Chase & Co. cut Reckitt Benckiser Group from an “overweight” rating to a “neutral” rating in a research note on Thursday, August 29th. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat.com, Reckitt Benckiser Group currently has an average rating of “Buy”.

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.