Reckitt Benckiser Group plc (OTCMKTS:RBGLY) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 933,500 shares, an increase of 249.4% from the August 15th total of 267,200 shares. Based on an average daily volume of 1,246,300 shares, the short-interest ratio is presently 0.7 days.
OTCMKTS RBGLY traded up $0.02 on Friday, reaching $16.31. The company’s stock had a trading volume of 769,048 shares, compared to its average volume of 637,087. The firm has a market cap of $58.23 billion, a PE ratio of 19.41 and a beta of 0.63. The business has a 50-day moving average price of $16.19 and a 200 day moving average price of $17.53. Reckitt Benckiser Group has a 52 week low of $15.21 and a 52 week high of $20.03. The company has a current ratio of 0.77, a quick ratio of 0.54 and a debt-to-equity ratio of 1.07.
The firm also recently announced a Semi-Annual dividend, which will be paid on Wednesday, September 22nd. Investors of record on Friday, August 6th will be paid a $0.186 dividend. The ex-dividend date of this dividend is Thursday, August 5th. This is a boost from Reckitt Benckiser Group’s previous Semi-Annual dividend of $0.18. Reckitt Benckiser Group’s payout ratio is presently 44.05%.
About Reckitt Benckiser Group
Reckitt Benckiser Group Plc engages in the manufacture and trade of health, hygiene and home products. It operates through Health and Hygiene Home segments. The Health segment focuses on infant and child nutrition; health relief; health hygiene; and vitamins, minerals and supplements. The Hygiene Home segment focuses on the household sector.
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