CSR Limited (OTCMKTS:CSRLF) Sees Large Decrease in Short Interest

CSR Limited (OTCMKTS:CSRLF) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 565,100 shares, a decline of 9.8% from the May 31st total of 626,800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

CSR Price Performance

Shares of CSRLF stock remained flat at $5.74 during trading hours on Tuesday. The business has a 50-day moving average of $5.66 and a 200-day moving average of $5.19. CSR has a 12-month low of $3.50 and a 12-month high of $5.88.

About CSR

CSR Limited, together with its subsidiaries, engages in the manufacture and supply of building products for residential and commercial constructions in Australia and New Zealand. It operates through Building Products, Property, and Aluminium segments. The Building Products segment offers interior systems, including gyprock plasterboards, Martini acoustic insulation products, and Rondo rolled formed steel products, as well as Himmel and Potter interior systems that supplies ceiling tiles, aluminum partitions, and architectural hardware products; construction systems, such as Hebel autoclaved aerated concrete products, AFS walling systems, cladding systems, and Cemintel fiber cement; masonry and insulation solutions comprising Bradford insulations, Bradford energy solutions, Edmonds ventilation systems, and Monier roofing solutions; and bricks, including PGH Bricks and pavers.