RS Group plc (OTCMKTS:EENEF) Short Interest Update

RS Group plc (OTCMKTS:EENEF) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 359,481 shares, an increase of 74.6% from the November 30th total of 205,839 shares. Based on an average trading volume of 555 shares, the days-to-cover ratio is currently 647.7 days. Based on an average trading volume of 555 shares, the days-to-cover ratio is currently 647.7 days.

RS Group Stock Performance

Shares of EENEF opened at $7.78 on Tuesday. The company’s fifty day moving average is $8.06 and its 200-day moving average is $8.14. RS Group has a 12 month low of $7.53 and a 12 month high of $10.24.

RS Group Company Profile

RS Group plc (OTCMKTS:EENEF) is a global distributor of industrial and electronic products, serving engineers, procurement professionals and maintenance teams. The company offers a comprehensive range of over 500,000 products, including electronic components, automation and control devices, tools, fasteners, test and measurement equipment, and maintenance supplies. RS Group’s digital platforms and catalogues provide customers with real-time stock information, technical resources and e-procurement solutions designed to streamline supply chain management.

Through its two core brands – RS Components in Europe and Allied Electronics & Automation in North America – RS Group supports industries such as manufacturing, transportation, energy and infrastructure.