Essentra (OTCMKTS:FLRAF) Short Interest Up 33.1% in May

Essentra (OTCMKTS:FLRAF - Get Free Report) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 356,000 shares, a growth of 33.1% from the May 15th total of 267,400 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Approximately 0.1% of the shares of the stock are short sold.

Essentra Stock Performance

Shares of Essentra stock remained flat at $1.36 during trading on Friday. The company has a quick ratio of 1.34, a current ratio of 2.28 and a debt-to-equity ratio of 0.47. The company's 50-day simple moving average is $1.37 and its 200 day simple moving average is $1.50. Essentra has a 1 year low of $1.36 and a 1 year high of $2.42.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Essentra in a research report on Thursday, May 22nd.

About Essentra

Essentra plc manufactures and distributes plastic injection and vinyl dip moulded, and metal components worldwide. The company offers cable ties and conduit, and accessories; grommets, strain relief, and blanking plugs; cable glands and accessories; caps and plugs; card guides and pullers; circuit board hardware products; EMI suppression ferrite cores; fan accessories comprising filters and fan mounting accessories; screws and nuts; rivet and panel fasteners; washers; spacers; brushes; fleet; fibre management; and furniture fittings.