Grafton Group PLC (OTCMKTS:GROUF) Short Interest Update

Grafton Group PLC (OTCMKTS:GROUF) saw a large decline in short interest in January. As of January 15th, there was short interest totaling 1,000 shares, a decline of 77.3% from the December 31st total of 4,407 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is currently 2.5 days. Based on an average trading volume of 400 shares, the days-to-cover ratio is currently 2.5 days.

Grafton Group Stock Down 0.0%

OTCMKTS:GROUF traded down $0.01 during mid-day trading on Thursday, hitting $12.74. Grafton Group has a fifty-two week low of $11.97 and a fifty-two week high of $12.85. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.94 and a quick ratio of 1.32. The company’s 50 day simple moving average is $12.23 and its 200-day simple moving average is $11.47.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reiterated an “outperform” rating on shares of Grafton Group in a report on Friday, October 31st. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy”.

About Grafton Group

Grafton Group plc, trading in the U.S. over-the-counter under the symbol GROUF, is a Dublin-based distributor of building materials and related products. The company traces its roots back to the early 20th century and has grown through a combination of organic expansion and strategic acquisitions. Headquartered in Ireland, Grafton Group is publicly listed on the London Stock Exchange and serves as a key supply partner across the construction and home improvement sectors.

Grafton Group operates primarily through merchanting divisions that supply a broad range of products, including plumbing and heating equipment, bathrooms and sanitaryware, insulation, landscaping materials, and general building supplies.