Reckitt Benckiser Group plc (OTCMKTS:RBGPF) Sees Large Decline in Short Interest

Reckitt Benckiser Group plc (OTCMKTS:RBGPF) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 30,800 shares, a drop of 14.4% from the August 31st total of 36,000 shares. Based on an average daily volume of 5,800 shares, the short-interest ratio is presently 5.3 days.

Reckitt Benckiser Group Stock Up 2.3 %

Reckitt Benckiser Group stock opened at $64.75 on Monday. Reckitt Benckiser Group has a 12-month low of $50.76 and a 12-month high of $74.73. The firm’s 50-day moving average is $57.14 and its two-hundred day moving average is $56.09.

Reckitt Benckiser Group Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 2nd were issued a $80.40 dividend. The ex-dividend date was Thursday, August 1st. This represents a yield of 1.76%. Reckitt Benckiser Group’s payout ratio is 52.92%.

About Reckitt Benckiser Group

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.