Rheinmetall AG (OTCMKTS:RNMBY) Short Interest Down 88.5% in March

Rheinmetall AG (OTCMKTS:RNMBY) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 2,000 shares, a decrease of 88.5% from the February 29th total of 17,400 shares. Based on an average daily volume of 38,400 shares, the short-interest ratio is presently 0.1 days.

Rheinmetall Stock Up 1.9 %

OTCMKTS:RNMBY traded up $2.10 on Thursday, reaching $112.60. 22,807 shares of the company’s stock were exchanged, compared to its average volume of 19,903. The business has a fifty day moving average of $86.99 and a 200-day moving average of $69.01. Rheinmetall has a 52-week low of $48.50 and a 52-week high of $113.08.

About Rheinmetall

Rheinmetall AG provides technologies to the mobility and security sectors 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, support, logistics, and special vehicles, including armored tracked vehicles, CBRN protection systems, turret systems, and wheeled logistics and tactical vehicles.