Renishaw plc (OTCMKTS:RNSHF) Short Interest Down 32.7% in March

Renishaw plc (OTCMKTS:RNSHF) 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 daily volume of 600 shares, the short-interest ratio is currently 5.5 days. Approximately 0.0% of the company’s stock are sold short.

Renishaw Price Performance

RNSHF opened at $33.68 on Tuesday. The stock has a 50-day moving average price of $39.80 and a 200-day moving average price of $42.11. Renishaw has a 1 year low of $33.68 and a 1 year high of $55.00.

About Renishaw

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.