Short Interest in RENISHAW PLC 20 (OTCMKTS:RNSHF) Expands By 156.5%

RENISHAW PLC 20 (OTCMKTS:RNSHF) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 1,280 shares, a growth of 156.5% from the July 30th total of 499 shares. Based on an average daily volume of 120 shares, the short-interest ratio is currently 10.7 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On RENISHAW PLC 20

An institutional investor recently bought a new position in RENISHAW PLC 20 stock. Pin Oak Investment Advisors Inc. bought a new stake in RENISHAW PLC 20 (OTCMKTS:RNSHF) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 486 shares of the company’s stock, valued at approximately $31,000. Hedge funds and other institutional investors own 0.16% of the company’s stock.

RENISHAW PLC 20 Price Performance

RNSHF stock opened at $69.11 on Friday. RENISHAW PLC 20 has a one year low of $42.18 and a one year high of $73.71. The company has a fifty day moving average price of $67.97 and a two-hundred day moving average price of $64.04.

RENISHAW PLC 20 Company Profile

Renishaw plc is a UK-based engineering and scientific technology company that designs, manufactures and supplies precision measurement and process control equipment. Its core expertise lies in metrology, with solutions that help manufacturers ensure accuracy, repeatability and productivity throughout the design, inspection and assembly stages of component production.

The company’s metrology portfolio includes coordinate measuring machines (CMMs), machine tool probes, gauging systems and calibration artefacts.