Ashtead Group plc (OTCMKTS:ASHTF) Short Interest Up 82.9% in November

Ashtead Group plc (OTCMKTS:ASHTF) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 968,500 shares, an increase of 82.9% from the October 31st total of 529,500 shares. Based on an average trading volume of 101,300 shares, the days-to-cover ratio is currently 9.6 days.

Ashtead Group Price Performance

Ashtead Group stock opened at $81.30 on Friday. The firm has a 50 day moving average price of $77.35 and a 200-day moving average price of $72.35. Ashtead Group has a twelve month low of $59.57 and a twelve month high of $83.00.

About Ashtead Group

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.