Rio Tinto Group (OTCMKTS:RTNTF) Sees Significant Growth in Short Interest

by · The Markets Daily

Rio Tinto Group (OTCMKTS:RTNTF – Get Free Report) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 1,017,700 shares, an increase of 28.6% from the November 30th total of 791,300 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is presently 636.1 days.

Rio Tinto Group Stock Performance

OTCMKTS:RTNTF traded down $3.76 during trading hours on Tuesday, hitting $71.15. The company’s stock had a trading volume of 781 shares, compared to its average volume of 718. The stock has a fifty day moving average of $75.61 and a 200-day moving average of $77.35. Rio Tinto Group has a 52-week low of $70.17 and a 52-week high of $93.36.

Rio Tinto Group Company Profile

(Get Free Report)

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.

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