Hunting PLC (OTCMKTS:HNTIF) Short Interest Update

Hunting PLC (OTCMKTS:HNTIF) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 4,106 shares, a drop of 42.5% from the July 15th total of 7,137 shares. Based on an average daily volume of 833 shares, the short-interest ratio is presently 4.9 days.

Hunting Price Performance

OTCMKTS HNTIF opened at $6.40 on Wednesday. Hunting has a 1-year low of $4.18 and a 1-year high of $7.50. The stock’s 50 day moving average is $6.14 and its two-hundred day moving average is $6.41.

Hunting Company Profile

Hunting plc, trading under the OTCMKTS symbol HNTIF, is a United Kingdom–based engineering firm that supplies critical equipment and services to the global oil and gas industry. With roots tracing back to the late 19th century, the company has evolved into a specialist provider of surface, well intervention and subsea production systems. Its product portfolio includes coiled tubing and well intervention equipment, downhole tools, surface wellhead assemblies, subsea control umbilicals and associated hardware.

The company’s core offerings are organized around three main segments: well intervention, surface and downhole systems, and subsea controls.