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

Rotork plc (OTCMKTS:RTOXF) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 22,700 shares, an increase of 92.4% from the September 15th total of 11,800 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 56.8 days.

Rotork Stock Performance

RTOXF remained flat at $4.61 during midday trading on Friday. Rotork has a 12-month low of $3.23 and a 12-month high of $4.73. The stock’s fifty day moving average price is $4.23 and its two-hundred day moving average price is $4.16.

About Rotork

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.