Grafton Group PLC (OTCMKTS:GROUF) Short Interest Update

Grafton Group PLC (OTCMKTS:GROUF) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 3,172 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average trading volume of 344 shares, the short-interest ratio is currently 9.2 days. Approximately 0.0% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Citigroup reaffirmed a “buy” rating on shares of Grafton Group in a report on Friday, June 19th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, Grafton Group has a consensus rating of “Buy”.

Grafton Group Stock Performance

OTCMKTS:GROUF remained flat at $11.05 during midday trading on Tuesday. Grafton Group has a fifty-two week low of $10.95 and a fifty-two week high of $11.05. The company has a quick ratio of 1.43, a current ratio of 2.11 and a debt-to-equity ratio of 0.31. The firm’s 50 day simple moving average is $12.09 and its 200 day simple moving average is $12.41.

Grafton Group Company Profile

Grafton Group plc, trading in the U.S. over-the-counter under the symbol GROUF, is a Dublin-based distributor of building materials and related products. The company traces its roots back to the early 20th century and has grown through a combination of organic expansion and strategic acquisitions. Headquartered in Ireland, Grafton Group is publicly listed on the London Stock Exchange and serves as a key supply partner across the construction and home improvement sectors.

Grafton Group operates primarily through merchanting divisions that supply a broad range of products, including plumbing and heating equipment, bathrooms and sanitaryware, insulation, landscaping materials, and general building supplies.