Ashtead Group plc (OTCMKTS:ASHTF – Get Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 426,800 shares, a growth of 28.4% from the January 31st total of 332,500 shares. Based on an average daily volume of 16,900 shares, the days-to-cover ratio is presently 25.3 days.
Analysts Set New Price Targets
Separately, Royal Bank of Canada raised Ashtead Group from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, December 3rd.
View Our Latest Analysis on Ashtead Group
Ashtead Group Stock Performance
About Ashtead Group
Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services.
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