Short Interest in CSR Limited (OTCMKTS:CSRLF) Declines By 9.8%

CSR Limited (OTCMKTS:CSRLF) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totalling 565,100 shares, a decrease of 9.8% from the May 31st total of 626,800 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

CSR Price Performance

CSRLF stock opened at $5.74 on Wednesday. CSR has a 12-month low of $3.50 and a 12-month high of $5.88. The stock’s 50 day simple moving average is $5.67 and its 200 day simple moving average is $5.20.

About CSR

CSR Limited, together with its subsidiaries, engages in the manufacture and supply of building products for residential and commercial constructions in Australia and New Zealand. It operates through Building Products, Property, and Aluminium segments. The Building Products segment offers interior systems, including gyprock plasterboards, Martini acoustic insulation products, and Rondo rolled formed steel products, as well as Himmel and Potter interior systems that supplies ceiling tiles, aluminum partitions, and architectural hardware products; construction systems, such as Hebel autoclaved aerated concrete products, AFS walling systems, cladding systems, and Cemintel fiber cement; masonry and insulation solutions comprising Bradford insulations, Bradford energy solutions, Edmonds ventilation systems, and Monier roofing solutions; and bricks, including PGH Bricks and pavers.