Ashtead Group plc (OTCMKTS:ASHTF) Short Interest Update

Ashtead Group plc (OTCMKTS:ASHTF) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totalling 235,800 shares, a drop of 20.6% from the June 30th total of 296,800 shares. Based on an average daily volume of 5,300 shares, the days-to-cover ratio is currently 44.5 days.

Ashtead Group Price Performance

OTCMKTS:ASHTF traded down $0.28 on Tuesday, reaching $69.21. 490 shares of the company’s stock were exchanged, compared to its average volume of 4,022. The stock has a fifty day simple moving average of $69.56 and a 200-day simple moving average of $69.32. Ashtead Group has a 52 week low of $56.01 and a 52 week high of $77.90.

About Ashtead Group

Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services.