Rotork plc (OTCMKTS:RTOXF) Sees Large Drop in Short Interest

Rotork plc (OTCMKTS:RTOXF) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totalling 10,200 shares, a decrease of 55.1% from the September 30th total of 22,700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 102.0 days.

Rotork Price Performance

Shares of OTCMKTS:RTOXF remained flat at $4.10 during midday trading on Friday. Rotork has a twelve month low of $3.39 and a twelve month high of $4.73. The company’s 50 day simple moving average is $4.29 and its 200 day simple moving average is $4.18.

Rotork Company Profile

Rotork plc designs, manufactures, and markets industrial flow control and instrumentation solutions for the oil and gas, water and wastewater, power, chemical, process, and industrial markets worldwide. It operates through three segments: Oils & Gas; Water & Power; and Chemical, Process & Industrial segments.