RS Group plc (OTCMKTS:EENEF) Sees Significant Increase in Short Interest

RS Group plc (OTCMKTS:EENEF) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 176,000 shares, an increase of 21.0% from the August 15th total of 145,400 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 586.7 days.

RS Group Stock Performance

RS Group stock remained flat at $10.00 during trading on Tuesday. RS Group has a 1-year low of $8.60 and a 1-year high of $10.00. The stock has a 50 day simple moving average of $9.92 and a 200 day simple moving average of $9.47.

About RS Group

RS Group plc, together with its subsidiaries, distributes various electronics and industrial products and solutions in the United Kingdom, the United States, France, Germany, Italy, Mexico, and internationally. The company provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.