Short Interest in Grafton Group plc (OTCMKTS:GROUF) Decreases By 64.0%

Grafton Group plc (OTCMKTS:GROUF - Get Free Report) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 900 shares, a decrease of 64.0% from the February 13th total of 2,500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Currently, 0.0% of the shares of the company are sold short.

Grafton Group Price Performance

GROUF stock remained flat at $11.00 during trading hours on Friday. The company has a 50 day moving average of $11.12 and a 200-day moving average of $12.14. Grafton Group has a 1 year low of $11.00 and a 1 year high of $12.84. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.56 and a current ratio of 2.21.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada reaffirmed an "outperform" rating on shares of Grafton Group in a research note on Tuesday, March 11th.

Grafton Group Company Profile

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.