Short Interest in Rightmove plc (OTCMKTS:RTMVY) Expands By 115.1%

Rightmove plc (OTCMKTS:RTMVYGet Free Report) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 2,573 shares, an increase of 115.1% from the November 30th total of 1,196 shares. Based on an average daily trading volume, of 323,641 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 323,641 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Santander raised Rightmove to an “outperform” rating in a report on Tuesday, November 11th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Read Our Latest Analysis on Rightmove

Rightmove Stock Performance

OTCMKTS RTMVY opened at $13.85 on Monday. Rightmove has a 52-week low of $13.52 and a 52-week high of $22.15. The company has a 50-day simple moving average of $15.21 and a 200 day simple moving average of $18.53.

About Rightmove

(Get Free Report)

Rightmove plc is a leading online real estate portal headquartered in London, United Kingdom. Launched in April 2000, the company was created by a consortium of UK estate agents to provide a centralized platform for property listings. It has since grown to become the foremost digital marketplace for residential and commercial property in the UK, facilitating connections between buyers, sellers, landlords, tenants, and industry professionals.

The core offering of Rightmove is its property portal, which aggregates listings from estate agents, house builders and new homes developers.

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