Rheinmetall AG (OTCMKTS:RNMBY) Short Interest Down 52.4% in April

Rheinmetall AG (OTCMKTS:RNMBY) saw a large decrease in short interest in April. As of April 15th, there was short interest totalling 6,900 shares, a decrease of 52.4% from the March 31st total of 14,500 shares. Based on an average trading volume of 51,500 shares, the days-to-cover ratio is presently 0.1 days.

Rheinmetall Price Performance

OTCMKTS RNMBY traded up $1.32 on Friday, reaching $111.76. 24,568 shares of the stock were exchanged, compared to its average volume of 22,605. Rheinmetall has a one year low of $48.50 and a one year high of $121.85. The company’s 50-day simple moving average is $103.19 and its two-hundred day simple moving average is $77.42.

Rheinmetall Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, June 3rd. Investors of record on Thursday, May 16th will be paid a dividend of $0.8434 per share. This is a boost from Rheinmetall’s previous dividend of $0.64. The ex-dividend date is Wednesday, May 15th. Rheinmetall’s payout ratio is 390.70%.

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.