RENISHAW PLC 20 (OTCMKTS:RNSHF) Short Interest Update

RENISHAW PLC 20 (OTCMKTS:RNSHF) was the target of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 83 shares, a decrease of 97.5% from the August 31st total of 3,316 shares. Based on an average trading volume of 39 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.0% of the company’s stock are sold short.

RENISHAW PLC 20 Price Performance

RNSHF remained flat at $67.06 on Thursday. RENISHAW PLC 20 has a fifty-two week low of $42.18 and a fifty-two week high of $73.71. The stock has a 50 day moving average price of $68.32 and a 200 day moving average price of $66.10.

Wall Street Analyst Weigh In

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

About RENISHAW PLC 20

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.