RENISHAW PLC 20 (OTCMKTS:RNSHF) Shares Shorted: Short Interest Up 91.6% in September

RENISHAW PLC 20 (OTCMKTS:RNSHF) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 159 shares, a growth of 91.6% from the September 15th total of 83 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 74 shares, the days-to-cover ratio is presently 2.1 days.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upgraded RENISHAW PLC 20 from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 10th. One research analyst has rated the stock with a Strong Buy rating. According to MarketBeat, the company presently has a consensus rating of “Strong Buy”.

RENISHAW PLC 20 Price Performance

Shares of RNSHF opened at $67.06 on Wednesday. RENISHAW PLC 20 has a 52-week low of $42.18 and a 52-week high of $73.71. The stock has a 50 day moving average price of $68.51 and a 200 day moving average price of $66.84.

About RENISHAW PLC 20

Renishaw plc is a United Kingdom-based engineering technology company that develops and manufactures precision measurement, manufacturing and healthcare products. Its solutions are used by manufacturers, engineers and researchers to improve accuracy, quality control and production efficiency across a range of industrial applications.

The company’s products include coordinate measuring machine probes, machine-tool probing systems, position encoders, calibration equipment and industrial gauging systems.