Essentra plc (OTCMKTS:FLRAF) Sees Large Increase in Short Interest

Essentra plc (OTCMKTS:FLRAF) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 238,800 shares, a growth of 31.6% from the October 31st total of 181,400 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Essentra Price Performance

Shares of FLRAF opened at $2.00 on Monday. The company has a quick ratio of 1.28, a current ratio of 1.97 and a debt-to-equity ratio of 0.49. The company’s 50 day moving average price is $2.02 and its 200 day moving average price is $2.14. Essentra has a 52 week low of $1.96 and a 52 week high of $2.42.

Essentra Company Profile

Essentra plc manufactures and distributes plastic injection and vinyl dip moulded, and metal components worldwide. The company offers cable ties and conduit, and accessories; grommets, strain relief, and blanking plugs; cable glands and accessories; caps and plugs; card guides and pullers; circuit board hardware products; EMI suppression ferrite cores; fan accessories comprising filters and fan mounting accessories; screws and nuts; rivet and panel fasteners; washers; spacers; brushes; fleet; fibre management; and furniture fittings.