Grafton Group PLC (OTCMKTS:GROUF) Short Interest Update

Grafton Group PLC (OTCMKTS:GROUF) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totaling 4,421 shares, a drop of 74.1% from the November 30th total of 17,080 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Currently, 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Grafton Group in a report on Friday, October 31st. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Grafton Group presently has an average rating of “Buy”.

Grafton Group Stock Performance

Shares of GROUF remained flat at $11.97 during trading hours on Friday. Grafton Group has a 1-year low of $11.00 and a 1-year high of $12.84. The company has a quick ratio of 1.32, a current ratio of 1.94 and a debt-to-equity ratio of 0.32. The stock’s 50-day moving average is $11.60 and its 200-day moving average is $11.21.

About Grafton Group

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.