Short Interest in Oxford Instruments PLC (OTCMKTS:OXINF) Decreases By 19.1%

Oxford Instruments PLC (OTCMKTS:OXINF) saw a large decline in short interest in December. As of December 15th, there was short interest totaling 8,588 shares, a decline of 19.1% from the November 30th total of 10,611 shares. Based on an average daily trading volume, of 14 shares, the short-interest ratio is presently 613.4 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 14 shares, the short-interest ratio is presently 613.4 days.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Oxford Instruments in a research report on Tuesday, October 14th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Oxford Instruments Stock Performance

Shares of OTCMKTS:OXINF remained flat at $23.79 on Wednesday. The company has a current ratio of 1.81, a quick ratio of 1.27 and a debt-to-equity ratio of 0.07. Oxford Instruments has a one year low of $22.63 and a one year high of $27.65. The company’s fifty day simple moving average is $24.20 and its two-hundred day simple moving average is $25.10.

About Oxford Instruments

Oxford Instruments plc, founded in 1959 as a spin-out from the University of Oxford, is a leading developer and manufacturer of high-technology tools and systems for industry and research. Headquartered in Abingdon, Oxfordshire, the company leverages expertise in materials science, superconducting technology and precision engineering to deliver solutions that enable scientific discovery and industrial innovation.

The company’s offerings span a range of analytical and measurement techniques, including electron microscopy accessories, X-ray fluorescence and X-ray diffraction systems for materials characterization, as well as helium-free superconducting magnets for quantum research.