Rotork plc (OTCMKTS:RTOXF) Sees Significant Decrease in Short Interest

Rotork plc (OTCMKTS:RTOXF) was the target of a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 11,400 shares, a decline of 21.9% from the May 15th total of 14,600 shares. Based on an average trading volume of 800 shares, the short-interest ratio is presently 14.3 days.

Rotork Price Performance

OTCMKTS RTOXF remained flat at $4.30 on Friday. The company’s 50 day simple moving average is $4.10 and its two-hundred day simple moving average is $4.08. Rotork has a fifty-two week low of $3.23 and a fifty-two week high of $4.35.

Rotork Company Profile

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.