Short Interest in Rumble Inc. (NASDAQ:RUMBW) Drops By 42.7%

Rumble Inc. (NASDAQ:RUMBW) saw a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 5,500 shares, a decline of 42.7% from the October 31st total of 9,600 shares. Based on an average daily volume of 33,200 shares, the short-interest ratio is currently 0.2 days.

Rumble Stock Performance

Shares of Rumble stock traded up $0.16 during trading on Thursday, reaching $2.20. The company had a trading volume of 54,290 shares, compared to its average volume of 31,449. Rumble has a fifty-two week low of $0.62 and a fifty-two week high of $2.69. The firm’s fifty day moving average is $1.47 and its 200-day moving average is $1.33.

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.