RTL Group S.A. (OTCMKTS:RGLXY – Get Free Report) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 266 shares, a drop of 53.5% from the December 31st total of 572 shares. Based on an average trading volume of 130 shares, the short-interest ratio is currently 2.0 days. Based on an average trading volume of 130 shares, the short-interest ratio is currently 2.0 days.
RTL Group Price Performance
RGLXY stock opened at $4.25 on Thursday. RTL Group has a 52 week low of $3.20 and a 52 week high of $5.27. The firm has a 50-day simple moving average of $3.90 and a 200-day simple moving average of $3.91.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of RTL Group in a report on Tuesday, October 28th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.
RTL Group Company Profile
RTL Group is a leading European entertainment network headquartered in Luxembourg, specializing in broadcasting, content production and digital streaming services. The company operates a broad portfolio of free-to-air and pay-TV channels across key European markets, including RTL in Germany, M6 in France, RTL Belgium, RTL Nederland, RTL Croatia, and RTL Hungary. It also maintains a diverse radio division, offering local radio stations in Belgium, Germany and Luxembourg, supported by an integrated advertising sales network.
In addition to its core broadcasting activities, RTL Group encompasses Fremantle, one of the world’s largest content production and distribution companies.
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