Short Interest in Renishaw plc (OTCMKTS:RNSHF) Decreases By 32.7%

Renishaw plc (OTCMKTS:RNSHF - Get Free Report) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 3,300 shares, a drop of 32.7% from the February 28th total of 4,900 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is currently 5.5 days. Approximately 0.0% of the company's stock are sold short.

Renishaw Price Performance

Shares of Renishaw stock remained flat at $33.68 during midday trading on Thursday. The business has a 50 day moving average price of $39.46 and a 200 day moving average price of $41.97. Renishaw has a 12 month low of $33.68 and a 12 month high of $55.00.

Renishaw Company Profile

Renishaw plc, an engineering and scientific technology company, designs, manufactures, distributes, sells, and services technological products and services, and analytical instruments and medical devices worldwide. The company offers co-ordinate measuring machine products, hardware, software, retrofits, machine tool probes, diagnostics, encoders, tool setters, performance measurement systems, gauging systems, modular and custom fixtures, and styli products for touch probe systems; machine calibration and optimization products; interferometric laser, magnetic, and open and enclosed optical encoders; and additive manufacturing systems.