RENISHAW PLC 20 (OTCMKTS:RNSHF) Short Interest Down 84.3% in March

Key Points

• Short interest plunged 84.3% to 237 shares as of March 13, down from 1,505 on February 26, with a days-to-cover ratio of 7.6 based on an average daily volume of 31 shares and reported as 0.0% of shares short sold.
• RNSHF shares were flat at $59.03 (also the one-year high) with a 50-day moving average of $52.80, a 200-day moving average of $47.50, and a one-year low of $28.98.
• Renishaw plc is a UK-based engineering and scientific technology firm specializing in precision metrology and process control equipment, including coordinate measuring machines, probes, gauging systems, and calibration artefacts.

RENISHAW PLC 20 (OTCMKTS:RNSHF - Get Free Report) was the recipient of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 237 shares, a decrease of 84.3% from the February 26th total of 1,505 shares. Based on an average daily volume of 31 shares, the days-to-cover ratio is presently 7.6 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 31 shares, the days-to-cover ratio is presently 7.6 days.

RENISHAW PLC 20 Stock Performance

Shares of RNSHF remained flat at $59.03 on Tuesday. 30 shares of the company were exchanged, compared to its average volume of 8. The company's 50-day moving average price is $52.80 and its 200 day moving average price is $47.50. RENISHAW PLC 20 has a one year low of $28.98 and a one year high of $59.03.

RENISHAW PLC 20 Company Profile

Renishaw plc is a UK-based engineering and scientific technology company that designs, manufactures and supplies precision measurement and process control equipment. Its core expertise lies in metrology, with solutions that help manufacturers ensure accuracy, repeatability and productivity throughout the design, inspection and assembly stages of component production.

The company's metrology portfolio includes coordinate measuring machines (CMMs), machine tool probes, gauging systems and calibration artefacts.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.