RENISHAW PLC 20 (OTCMKTS:RNSHF) Stock Short Interest Rises 91.6%

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

RENISHAW PLC 20 Stock Performance

OTCMKTS:RNSHF opened at $67.06 on Friday. The stock’s 50-day moving average price is $68.47 and its 200-day moving average price is $66.95. RENISHAW PLC 20 has a 52 week low of $42.18 and a 52 week high of $73.71.

Wall Street Analyst Weigh In

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

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.