Short Interest in Grafton Group PLC (OTCMKTS:GROUF) Grows By ∞

Grafton Group PLC (OTCMKTS:GROUF) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 3,172 shares, an increase of ∞ from the May 31st total of 0 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 344 shares, the days-to-cover ratio is presently 9.2 days.

Grafton Group Stock Performance

GROUF stock remained flat at $11.05 during midday trading on Thursday. Grafton Group has a one year low of $10.95 and a one year high of $11.05. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.11 and a quick ratio of 1.43. The business has a 50 day moving average of $12.02 and a two-hundred day moving average of $12.39.

Analysts Set New Price Targets

Separately, Citigroup reissued a “buy” rating on shares of Grafton Group in a research report on Friday, June 19th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

Grafton Group Company Profile

Grafton Group plc, trading in the U.S. over-the-counter under the symbol GROUF, is a Dublin-based distributor of building materials and related products. The company traces its roots back to the early 20th century and has grown through a combination of organic expansion and strategic acquisitions. Headquartered in Ireland, Grafton Group is publicly listed on the London Stock Exchange and serves as a key supply partner across the construction and home improvement sectors.

Grafton Group operates primarily through merchanting divisions that supply a broad range of products, including plumbing and heating equipment, bathrooms and sanitaryware, insulation, landscaping materials, and general building supplies.