RTL Group S.A. (OTCMKTS:RGLXY) Sees Large Growth in Short Interest

RTL Group S.A. (OTCMKTS:RGLXYGet Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 2,600 shares, a growth of 1,200.0% from the February 29th total of 200 shares. Based on an average trading volume of 1,700 shares, the days-to-cover ratio is currently 1.5 days.

RTL Group Price Performance

RGLXY opened at $3.45 on Thursday. The company’s 50 day moving average is $3.68 and its 200 day moving average is $3.65. RTL Group has a 12-month low of $3.27 and a 12-month high of $3.84.

RTL Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, May 14th. Shareholders of record on Friday, April 26th will be issued a dividend of $0.2225 per share. The ex-dividend date is Thursday, April 25th. RTL Group’s dividend payout ratio is currently 117.30%.

About RTL Group

(Get Free Report)

RTL Group SA, an entertainment company, operates television (TV) channels and radio stations, and provides streaming services in Germany, France, the Netherlands, Belgium, the United Kingdom, the United States, and internationally. The RTL Deutschland segment operates TV, streaming, radio, digital, and publishing; owns TV channels, magazines, podcasts, and various digital offerings; and radio groups, including Antenne Bayern and Radio Hamburg.

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