Short Interest in Rio Tinto Group (OTCMKTS:RTNTF) Grows By 29.3%

Rio Tinto Group (OTCMKTS:RTNTF) saw a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 1,608,800 shares, a growth of 29.3% from the January 15th total of 1,244,200 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is currently 2,298.3 days.

Rio Tinto Group Price Performance

Shares of OTCMKTS RTNTF opened at $78.44 on Friday. The business’s 50 day moving average is $74.41 and its two-hundred day moving average is $76.29. Rio Tinto Group has a 1-year low of $70.17 and a 1-year high of $90.48.

Rio Tinto Group Company Profile

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.