Rumble Inc. (NASDAQ:RUMBW – Get Free Report) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 6,489 shares, a growth of 134.9% from the May 14th total of 2,762 shares. Based on an average trading volume of 23,856 shares, the days-to-cover ratio is presently 0.3 days.
Rumble Stock Performance
Shares of Rumble stock opened at $2.00 on Friday. Rumble has a 1 year low of $0.76 and a 1 year high of $3.74. The business has a 50-day moving average of $1.67 and a two-hundred day moving average of $1.70.
Rumble Company Profile
Rumble is a video technology company that operates a global online video platform designed to empower content creators and offer an alternative to traditional streaming services. The platform enables users to upload, host, distribute and monetize video content across a range of categories, including news, sports, politics, lifestyle and entertainment. Through an ad‐revenue sharing model and licensing agreements, Rumble provides creators with tools to generate income from their original work while retaining rights to their content.
In addition to its core video hosting service, Rumble offers enterprise‐grade solutions such as Rumble Cloud, a white-label video-streaming service for media companies and organizations seeking to deploy branded video platforms.
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