Short Interest in Renishaw plc (OTCMKTS:RNSHF) Increases By 54.5%

Renishaw plc (OTCMKTS:RNSHF) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 5,100 shares, a growth of 54.5% from the March 15th total of 3,300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 51.0 days. Currently, 0.0% of the company’s shares are short sold.

Renishaw Stock Performance

OTCMKTS RNSHF remained flat at $30.74 on Thursday. Renishaw has a one year low of $29.15 and a one year high of $51.24. The business has a fifty day moving average price of $36.61 and a 200-day moving average price of $40.75.

Renishaw Company Profile

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.