Ashtead Group plc (OTCMKTS:ASHTF) Short Interest Up 33.3% in August

Ashtead Group plc (OTCMKTS:ASHTF) was the target of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 495,500 shares, an increase of 33.3% from the July 31st total of 371,600 shares. Based on an average daily trading volume, of 19,700 shares, the short-interest ratio is currently 25.2 days.

Ashtead Group Price Performance

OTCMKTS ASHTF opened at $71.03 on Friday. The company has a fifty day simple moving average of $67.95 and a two-hundred day simple moving average of $69.85. Ashtead Group has a 12-month low of $56.01 and a 12-month high of $77.90.

Ashtead Group Company Profile

Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services.