RENISHAW PLC 20 (OTCMKTS:RNSHF) Short Interest Up 159.1% in August

RENISHAW PLC 20 (OTCMKTS:RNSHF) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 3,316 shares, an increase of 159.1% from the August 15th total of 1,280 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 32 shares, the days-to-cover ratio is presently 103.6 days.

RENISHAW PLC 20 Price Performance

RENISHAW PLC 20 stock opened at $69.11 on Tuesday. The stock has a fifty day simple moving average of $68.08 and a two-hundred day simple moving average of $65.48. RENISHAW PLC 20 has a 12 month low of $42.18 and a 12 month high of $73.71.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group raised shares of RENISHAW PLC 20 from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 10th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

About RENISHAW PLC 20

Renishaw plc is a United Kingdom-based engineering and technology company that develops precision measurement, manufacturing and healthcare solutions. Its products are used by manufacturers, research organizations and medical professionals in applications requiring high levels of accuracy, process control and automation.

The company’s manufacturing technologies include coordinate-measuring machine systems, machine-tool probing and inspection equipment, position encoders, calibration and gauging systems, and Raman spectroscopy products.