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

Rumble Inc. (NASDAQ:RUMBW) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 9,200 shares, a growth of 820.0% from the December 15th total of 1,000 shares. Based on an average trading volume of 78,300 shares, the days-to-cover ratio is currently 0.1 days.

Rumble Price Performance

NASDAQ RUMBW traded up $0.05 on Monday, hitting $3.71. 50,159 shares of the company were exchanged, compared to its average volume of 98,680. Rumble has a twelve month low of $0.65 and a twelve month high of $7.00. The company’s 50 day moving average price is $2.98 and its 200-day moving average price is $1.83.

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.