Rheinmetall AG (OTCMKTS:RNMBY) Sees Large Drop in Short Interest

Rheinmetall AG (OTCMKTS:RNMBYGet Free Report) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 200 shares, a decline of 98.8% from the May 31st total of 16,300 shares. Based on an average daily trading volume, of 47,000 shares, the short-interest ratio is currently 0.0 days.

Rheinmetall Stock Down 0.2 %

Shares of OTCMKTS:RNMBY opened at $101.63 on Friday. Rheinmetall has a 12-month low of $48.50 and a 12-month high of $121.85. The business’s 50 day moving average is $111.28 and its 200 day moving average is $94.23.

Rheinmetall Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, June 3rd. Shareholders of record on Thursday, May 16th were given a $0.8434 dividend. The ex-dividend date of this dividend was Wednesday, May 15th. This is a boost from Rheinmetall’s previous dividend of $0.64. Rheinmetall’s payout ratio is currently 400.01%.

Rheinmetall Company Profile

(Get Free Report)

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.

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