RENISHAW PLC 20 (OTCMKTS:RNSHF) Short Interest Update

RENISHAW PLC 20 (OTCMKTS:RNSHF) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 3,316 shares, a growth of 159.1% from the August 15th total of 1,280 shares. Based on an average daily trading volume, of 32 shares, the short-interest ratio is currently 103.6 days. Approximately 0.0% of the company’s stock are short sold.

RENISHAW PLC 20 Price Performance

RNSHF opened at $69.11 on Friday. The company has a 50-day moving average of $68.01 and a 200-day moving average of $65.26. RENISHAW PLC 20 has a 1-year low of $42.18 and a 1-year high of $73.71.

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. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Strong Buy”.

RENISHAW PLC 20 Company Profile

Renishaw plc is a United Kingdom-based engineering and technology company that develops precision measurement, manufacturing and healthcare solutions. Its products are used by manufacturers, research organizations and medical professionals in applications requiring high levels of accuracy, process control and automation.

The company’s manufacturing technologies include coordinate-measuring machine systems, machine-tool probing and inspection equipment, position encoders, calibration and gauging systems, and Raman spectroscopy products.