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

Rotork plc (OTCMKTS:RTOXF) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 12,500 shares, a decrease of 25.6% from the February 13th total of 16,800 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is currently 17.9 days.

Rotork Price Performance

Shares of OTCMKTS RTOXF remained flat at $4.25 during mid-day trading on Monday. The stock has a 50-day moving average price of $4.12 and a 200 day moving average price of $4.11. Rotork has a one year low of $3.61 and a one year high of $4.73.

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.