Hunting PLC (OTCMKTS:HNTIF) Sees Large Decrease in Short Interest

Hunting PLC (OTCMKTS:HNTIF) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 300 shares, a drop of 99.7% from the October 31st total of 101,300 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 0.3 days.

Hunting Price Performance

HNTIF stock remained flat at $4.01 during trading on Friday. Hunting has a 1 year low of $3.25 and a 1 year high of $5.74. The company has a 50 day moving average of $4.41 and a 200-day moving average of $5.06.

About Hunting

Hunting PLC, together with its subsidiaries, manufactures components, technology systems, and precision parts worldwide. It operates in five segments: Hunting Titan; North America; Subsea Technologies; EMEA; and Asia Pacific. The company designs and manufactures perforating systems, energetics, instrumentation, and associated hardware; connection technology and OCTG; subsea technologies; supplies highly engineered tubular components, hollow rotating shafts, very accurate deep hole drilling, plus complex turned, and milled profiles; well intervention equipment; and well test and process systems.