Short Interest in RENISHAW PLC 20 (OTCMKTS:RNSHF) Increases By 156.5%

RENISHAW PLC 20 (OTCMKTS:RNSHF) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 1,280 shares, a growth of 156.5% from the July 30th total of 499 shares. Based on an average daily trading volume, of 120 shares, the short-interest ratio is presently 10.7 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On RENISHAW PLC 20

A hedge fund recently bought a new position in RENISHAW PLC 20 stock. Pin Oak Investment Advisors Inc. acquired a new stake in RENISHAW PLC 20 (OTCMKTS:RNSHF) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 486 shares of the company’s stock, valued at approximately $31,000. 0.16% of the stock is owned by hedge funds and other institutional investors.

RENISHAW PLC 20 Stock Performance

OTCMKTS:RNSHF opened at $69.11 on Friday. RENISHAW PLC 20 has a 52 week low of $42.18 and a 52 week high of $73.71. The company has a fifty day simple moving average of $68.02 and a two-hundred day simple moving average of $64.01.

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.