Travis Perkins PLC (OTCMKTS:TPRKY) Sees Significant Increase in Short Interest

Key Points

• Travis Perkins PLC experienced a significant increase in short interest, rising by 760.0% to a total of 4,300 shares as of August 31st, compared to just 500 shares on August 15th.
• The stock traded at $7.86 during midday trading, with a 12-month price range between $6.31 and $12.65.
• Travis Perkins engages in the distribution of building material products in the UK and operates primarily through its Merchanting and Toolstation segments.

Travis Perkins PLC (OTCMKTS:TPRKY - ) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 4,300 shares, a growth of 760.0% from the August 15th total of 500 shares. Based on an average daily trading volume, of 6,200 shares, the short-interest ratio is currently 0.7 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 6,200 shares, the short-interest ratio is currently 0.7 days.

Travis Perkins Price Performance

Shares of TPRKY stock traded up $0.20 during midday trading on Thursday, reaching $7.86. 335 shares of the company were exchanged, compared to its average volume of 7,204. Travis Perkins has a 12 month low of $6.31 and a 12 month high of $12.65. The company's 50 day moving average price is $7.86 and its two-hundred day moving average price is $7.84. The company has a quick ratio of 1.02, a current ratio of 1.68 and a debt-to-equity ratio of 0.21.

About Travis Perkins

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.

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