Rumble Inc. (NASDAQ:RUMBW) Sees Large Growth in Short Interest

Rumble Inc. (NASDAQ:RUMBW) saw a significant increase in short interest in March. As of March 31st, there was short interest totalling 4,900 shares, an increase of 157.9% from the March 15th total of 1,900 shares. Based on an average trading volume of 30,600 shares, the short-interest ratio is currently 0.2 days.

Rumble Stock Performance

Rumble stock traded up $0.02 during mid-day trading on Tuesday, reaching $2.52. 5,099 shares of the company’s stock were exchanged, compared to its average volume of 31,635. The business’s fifty day simple moving average is $3.16 and its 200 day simple moving average is $2.95. Rumble has a one year low of $0.88 and a one year high of $7.00.

About Rumble

Rumble Inc operates video sharing platforms in the United States, Canada, and internationally. The company operates rumble.com, a free-to-use video sharing and livestreaming platform where users can subscribe to channels to stay in touch with creators, and access video on-demand (VOD) and live content streamed by creators.