RENISHAW PLC 20 (OTCMKTS:RNSHF) Sees Significant Drop in Short Interest

Key Points

• RENISHAW PLC (OTCMKTS:RNSHF) experienced a significant decrease in short interest, dropping 95.2% from 4,200 shares to just 200 shares by August 15th.
• As of the latest trading session, RENISHAW PLC stock fell by 6.5%, resulting in a share price of $42.57.
• The company's stock has a 52-week range between $28.98 and $51.24, with a 50-day moving average price of $38.99.

RENISHAW PLC 20 (OTCMKTS:RNSHF - Get Free Report) was the target of a large decrease in short interest in August. As of August 15th, there was short interest totaling 200 shares, adecreaseof95.2% from the July 31st total of 4,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 2.0 days. Based on an average daily volume of 100 shares, the short-interest ratio is currently 2.0 days.

RENISHAW PLC 20 Stock Performance

OTCMKTS:RNSHF remained flat at $42.57 during trading hours on Friday. The firm has a 50 day moving average of $39.39 and a two-hundred day moving average of $35.45. RENISHAW PLC 20 has a 1-year low of $28.98 and a 1-year high of $51.24.

About RENISHAW PLC 20

Renishaw plc, an engineering and scientific technology company, designs, manufactures, distributes, sells, and services technological products and services, and analytical instruments and medical devices worldwide. The company offers co-ordinate measuring machine products, hardware, software, retrofits, machine tool probes, diagnostics, encoders, tool setters, performance measurement systems, gauging systems, modular and custom fixtures, and styli products for touch probe systems; machine calibration and optimization products; interferometric laser, magnetic, and open and enclosed optical encoders; and additive manufacturing systems.