Short Interest in Oxford Instruments PLC (OTCMKTS:OXINF) Drops By 16.0%

Oxford Instruments PLC (OTCMKTS:OXINF) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 23,815 shares, a drop of 16.0% from the February 12th total of 28,355 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 189 shares, the short-interest ratio is currently 126.0 days. Based on an average trading volume of 189 shares, the short-interest ratio is currently 126.0 days. Currently, 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Oxford Instruments in a research note on Friday, January 16th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy”.

Oxford Instruments Stock Performance

OTCMKTS:OXINF opened at $34.39 on Wednesday. The company has a quick ratio of 1.34, a current ratio of 1.77 and a debt-to-equity ratio of 0.07. Oxford Instruments has a 1 year low of $22.63 and a 1 year high of $36.00. The stock’s 50 day simple moving average is $32.27 and its two-hundred day simple moving average is $27.24.

Oxford Instruments Company Profile

Oxford Instruments plc, founded in 1959 as a spin-out from the University of Oxford, is a leading developer and manufacturer of high-technology tools and systems for industry and research. Headquartered in Abingdon, Oxfordshire, the company leverages expertise in materials science, superconducting technology and precision engineering to deliver solutions that enable scientific discovery and industrial innovation.

The company’s offerings span a range of analytical and measurement techniques, including electron microscopy accessories, X-ray fluorescence and X-ray diffraction systems for materials characterization, as well as helium-free superconducting magnets for quantum research.