Reliance Worldwide Co. Limited (OTCMKTS:RLLWF) Sees Significant Drop in Short Interest

Reliance Worldwide Co. Limited (OTCMKTS:RLLWF) saw a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 915,100 shares, a drop of 39.5% from the October 15th total of 1,512,300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 9,151.0 days.

Reliance Worldwide Price Performance

Reliance Worldwide stock opened at $3.55 on Friday. The company’s 50-day moving average price is $3.60 and its two-hundred day moving average price is $3.34. Reliance Worldwide has a 52 week low of $2.32 and a 52 week high of $4.00.

About Reliance Worldwide

Reliance Worldwide Corporation Limited, together with its subsidiaries, engages in the design, manufacture, and supply of water flow, control, and monitoring products and solutions for plumbing and heating industries. It offers plumbing solutions comprising brass and plastic push-to-connect plumbing fittings, other fittings, pipes, valves, and integrated installation solutions; appliance installations solutions, such as fluid tech and appliance installation and repair services; and other products.