Short Interest in Renishaw plc (OTCMKTS:RNSHF) Drops By 32.7%

Renishaw plc (OTCMKTS:RNSHF) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 3,300 shares, a decline of 32.7% from the February 28th total of 4,900 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 600 shares, the short-interest ratio is presently 5.5 days.

Renishaw Price Performance

Shares of RNSHF stock opened at $33.68 on Tuesday. The stock has a fifty day moving average of $39.80 and a 200 day moving average of $42.11. Renishaw has a 52 week low of $33.68 and a 52 week high of $55.00.

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.