Interroll Holding AG (OTCMKTS:IRRHF) Sees Significant Decline in Short Interest

Interroll Holding AG (OTCMKTS:IRRHF) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 1,696 shares, a drop of 38.4% from the September 15th total of 2,754 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Analyst Upgrades and Downgrades

Separately, Oddo Bhf raised shares of Interroll to an “outperform” rating in a research note on Monday, July 27th. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, Interroll currently has a consensus rating of “Buy”.

Interroll Stock Performance

Shares of OTCMKTS IRRHF remained flat at $2,028.38 during midday trading on Friday. Interroll has a 12-month low of $2,028.38 and a 12-month high of $3,031.55. The stock has a 50-day moving average of $2,028.38 and a 200 day moving average of $2,028.38.

About Interroll

Interroll is a Switzerland-based provider of products and solutions for material handling and internal logistics. The company develops and manufactures components used to move, transport, sort and store goods in distribution centers, warehouses, airports, manufacturing facilities and other logistics environments.

Its product portfolio includes conveyor rollers, drum motors, conveyor modules, controls, sorters and related technology, as well as solutions for pallet and carton flow storage.