Reckitt Benckiser Group (RBGLY) Short Interest Ratio & Short Volume

Short interest is the volume of Reckitt Benckiser Group shares that have been sold short but have not yet been closed out or covered. As of November 15th, traders have sold 232,600 shares of RBGLY short. Learn More on Reckitt Benckiser Group's current short interest.

Reckitt Benckiser Group saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 232,600 shares, an increase of 3,371.6% from the previous total of 6,700 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the sector of "consumer staples" compare to Reckitt Benckiser Group: Keurig Dr Pepper Inc. (1.63%), The Estée Lauder Companies Inc. (2.22%), Constellation Brands, Inc. (0.73%), Danone S.A. (0.02%), Ambev S.A. (0.05%), The Kraft Heinz Company (1.78%), Kimberly-Clark Co. (1.39%), Monster Beverage Co. (1.32%), Archer-Daniels-Midland Company (1.14%), The Hershey Company (1.22%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling RBGLY is an investing strategy that aims to generate trading profit from Reckitt Benckiser Group as its price is falling. RBGLY shares are trading up $0.08 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Reckitt Benckiser Group occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of RBGLY, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including RBGLY, twice per month. The most recent reporting period available is November, 15 2023.