Rheinmetall AG (OTCMKTS:RNMBY – Get Free Report) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 2,500 shares, a decline of 73.4% from the December 31st total of 9,400 shares. Based on an average trading volume of 30,400 shares, the days-to-cover ratio is currently 0.1 days.
Rheinmetall Stock Up 1.5 %
OTCMKTS RNMBY traded up $2.30 on Wednesday, hitting $154.97. 11,205 shares of the company’s stock were exchanged, compared to its average volume of 49,356. The stock has a 50-day moving average of $134.01 and a 200-day moving average of $119.73. Rheinmetall has a 52 week low of $69.98 and a 52 week high of $154.99.
Rheinmetall (OTCMKTS:RNMBY – Get Free Report) last released its earnings results on Thursday, November 7th. The company reported $0.67 earnings per share (EPS) for the quarter. The firm had revenue of $2.70 billion during the quarter.
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.
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