Rightmove plc (OTCMKTS:RTMVF – Get Free Report) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 786,177 shares, a drop of 36.4% from the May 14th total of 1,235,370 shares. Based on an average trading volume of 243 shares, the days-to-cover ratio is currently 3,235.3 days.
Rightmove Price Performance
Shares of OTCMKTS RTMVF opened at $5.91 on Monday. The stock’s fifty day simple moving average is $5.86 and its two-hundred day simple moving average is $6.21. Rightmove has a 12-month low of $5.29 and a 12-month high of $10.70.
About Rightmove
Rightmove plc operates the United Kingdom’s largest online property portal, connecting home buyers, sellers and renters with estate agents and developers through its flagship Rightmove.co.uk website and mobile applications. The company aggregates residential and commercial property listings across England, Scotland, Wales and Northern Ireland, offering search filters for price, location, property type and new-build developments. In addition to listings, Rightmove delivers data-driven insights such as the Rightmove House Price Index and performance analytics, helping industry professionals optimize their marketing strategies and generate high-quality leads.
Launched in 2000 by a consortium of leading UK estate agencies, Rightmove established itself as a market innovator in online real estate services.
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