Rotork plc (OTCMKTS:RTOXF) Short Interest Update

Rotork plc (OTCMKTS:RTOXF) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 15,407 shares, a decrease of 82.0% from the August 15th total of 85,508 shares. Based on an average daily volume of 267 shares, the days-to-cover ratio is currently 57.7 days.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on RTOXF shares. Deutsche Bank Aktiengesellschaft cut shares of Rotork from a “buy” rating to a “hold” rating in a research note on Thursday, July 16th. BNP Paribas Exane lowered Rotork from an “outperform” rating to a “neutral” rating in a research report on Tuesday, July 21st. Finally, Royal Bank Of Canada cut shares of Rotork from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, August 5th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Rotork Trading Up 1.5%

OTCMKTS:RTOXF opened at $6.70 on Friday. The company’s 50 day moving average price is $5.91 and its 200-day moving average price is $4.86. Rotork has a 52 week low of $3.70 and a 52 week high of $6.70.

Rotork Company Profile

Rotork is a global provider of precision flow control equipment, specializing in the design, manufacture and distribution of industrial actuators, gearboxes and associated control systems. Its core product portfolio includes electric, pneumatic and hydraulic actuators, as well as manual gearing solutions, each engineered to automate and regulate the movement of valves, dampers and other critical process equipment.

Beyond its actuator range, Rotork offers a suite of instrumentation and control products, such as smart positioners, telemetry modules and condition-monitoring systems, designed to enhance process safety and efficiency.