Short Interest in Renishaw plc (OTCMKTS:RNSHF) Drops By 32.7%

Renishaw plc (OTCMKTS:RNSHF) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 3,300 shares, a decline of 32.7% from the February 28th total of 4,900 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 600 shares, the short-interest ratio is presently 5.5 days.

Renishaw Stock Performance

Shares of OTCMKTS RNSHF opened at $33.68 on Friday. Renishaw has a 1 year low of $33.68 and a 1 year high of $55.00. The company’s 50-day moving average is $39.98 and its 200 day moving average is $42.22.

About Renishaw

Renishaw plc, an engineering and scientific technology company, designs, manufactures, distributes, sells, and services technological products and services, and analytical instruments and medical devices worldwide. The company offers co-ordinate measuring machine products, hardware, software, retrofits, machine tool probes, diagnostics, encoders, tool setters, performance measurement systems, gauging systems, modular and custom fixtures, and styli products for touch probe systems; machine calibration and optimization products; interferometric laser, magnetic, and open and enclosed optical encoders; and additive manufacturing systems.