Reliance Worldwide Co. Limited (OTCMKTS:RLLWF) Short Interest Down 45.5% in January

Reliance Worldwide Co. Limited (OTCMKTS:RLLWF) was the recipient of a significant decline in short interest in January. As of January 31st, there was short interest totalling 625,000 shares, a decline of 45.5% from the January 15th total of 1,146,100 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 6,250.0 days.

Reliance Worldwide Price Performance

Shares of RLLWF stock traded down $0.17 during midday trading on Thursday, reaching $3.23. 2,050 shares of the company traded hands, compared to its average volume of 590. Reliance Worldwide has a 1-year low of $2.64 and a 1-year high of $4.00. The firm’s 50 day simple moving average is $3.31 and its two-hundred day simple moving average is $3.42.

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.