Grafton Group plc (OTCMKTS:GROUF) Short Interest Down 64.0% in February

Grafton Group plc (OTCMKTS:GROUF) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 900 shares, a decline of 64.0% from the February 13th total of 2,500 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Approximately 0.0% of the company’s shares are short sold.

Grafton Group Stock Performance

Shares of OTCMKTS:GROUF remained flat at $11.00 during trading on Thursday. The stock has a 50-day simple moving average of $11.18 and a 200 day simple moving average of $12.17. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.21 and a quick ratio of 1.56. Grafton Group has a 12 month low of $11.00 and a 12 month high of $12.84.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada reaffirmed an “outperform” rating on shares of Grafton Group in a research report on Tuesday.

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.