RENISHAW PLC 20 (OTCMKTS:RNSHF) Sees Large Drop in Short Interest

RENISHAW PLC 20 (OTCMKTS:RNSHF) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 237 shares, a drop of 84.3% from the February 26th total of 1,505 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 31 shares, the days-to-cover ratio is presently 7.6 days. Based on an average daily trading volume, of 31 shares, the days-to-cover ratio is presently 7.6 days. Approximately 0.0% of the shares of the stock are sold short.

RENISHAW PLC 20 Price Performance

Shares of RNSHF remained flat at $59.03 during mid-day trading on Wednesday. RENISHAW PLC 20 has a 12 month low of $28.98 and a 12 month high of $59.03. The company has a 50-day moving average price of $53.03 and a 200-day moving average price of $47.62.

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.