Rio Tinto Group (OTCMKTS:RTNTF) Short Interest Up 28.6% in December

Rio Tinto Group (OTCMKTS:RTNTF) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 1,017,700 shares, an increase of 28.6% from the November 30th total of 791,300 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is currently 636.1 days.

Rio Tinto Group Price Performance

OTCMKTS:RTNTF opened at $74.91 on Friday. Rio Tinto Group has a 52-week low of $70.17 and a 52-week high of $94.30. The stock has a fifty day simple moving average of $75.81 and a 200-day simple moving average of $77.42.

About Rio Tinto Group

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.