Rheinmetall AG (OTCMKTS:RNMBY – Get Free Report) saw a large decline in short interest in June. As of June 30th, there was short interest totalling 100 shares, a decline of 50.0% from the June 15th total of 200 shares. Based on an average daily volume of 59,600 shares, the short-interest ratio is currently 0.0 days.
Wall Street Analyst Weigh In
Separately, Morgan Stanley started coverage on shares of Rheinmetall in a report on Wednesday, July 3rd. They issued an “overweight” rating for the company.
View Our Latest Stock Report on RNMBY
Rheinmetall Price Performance
Rheinmetall Increases Dividend
The company also recently declared a dividend, which was paid on Monday, June 3rd. Stockholders of record on Thursday, May 16th were paid a dividend of $0.8434 per share. The ex-dividend date was Wednesday, May 15th. This is an increase from Rheinmetall’s previous dividend of $0.64. Rheinmetall’s payout ratio is 400.01%.
Rheinmetall Company Profile
Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles.
See Also
- Five stocks we like better than Rheinmetall
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Top 3 Defense Stocks That Should Be on Your Radar
- Retail Stocks Investing, Explained
- Why This Banking Stock Might Be Nearing the Bottom of Its Cycle
- There Are Different Types of Stock To Invest In
- MarketBeat Week in Review – 7/8 – 7/12
Receive News & Ratings for Rheinmetall Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rheinmetall and related companies with MarketBeat.com's FREE daily email newsletter.