Reliance Worldwide Co. Limited (OTCMKTS:RLLWF – Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 23,360 shares, an increase of 75.8% from the September 30th total of 13,291 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is currently 38.9 days.
Reliance Worldwide Trading Up 5.0%
Shares of OTCMKTS RLLWF opened at $3.18 on Tuesday. Reliance Worldwide has a fifty-two week low of $1.84 and a fifty-two week high of $3.25. The stock has a fifty day moving average of $3.09 and a 200-day moving average of $2.51.
About Reliance Worldwide
Reliance Worldwide Corporation Limited is an Australian-based manufacturer of plumbing and water-control products. The company develops, manufactures and distributes solutions used in residential, commercial and industrial plumbing, including pipe-connection, repair, water-management and plumbing-support products.
Its product portfolio includes push-to-connect plumbing fittings sold under the SharkBite brand, as well as products marketed under brands such as Cash Acme, HoldRite and JG Speedfit.
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