Grafton Group plc (OTCMKTS:GROUF) Sees Large Drop in Short Interest

Grafton Group plc (OTCMKTS:GROUF) was the target of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,700 shares, a decline of 19.0% from the January 15th total of 2,100 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Grafton Group Price Performance

OTCMKTS GROUF remained flat at $11.00 during mid-day trading on Monday. Grafton Group has a one year low of $11.00 and a one year high of $12.84. The firm’s 50 day simple moving average is $11.72 and its 200-day simple moving average is $12.38. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.56 and a current ratio of 2.21.

About Grafton Group

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.