Short Interest in Oxford Instruments plc (OTCMKTS:OXINF) Declines By 19.0%

Oxford Instruments plc (OTCMKTS:OXINF) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 1,700 shares, a decline of 19.0% from the December 31st total of 2,100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upgraded shares of Oxford Instruments to a “strong-buy” rating in a research report on Monday, October 21st.

Oxford Instruments Stock Performance

OXINF stock remained flat at $24.49 on Friday. The business’s 50 day moving average price is $25.29 and its two-hundred day moving average price is $28.29. Oxford Instruments has a twelve month low of $26.32 and a twelve month high of $30.55.

Oxford Instruments Company Profile

Oxford Instruments plc provide scientific technology products and services for academic and commercial organizations worldwide. It operates through three segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare. The company offers atomic force, electron, and Raman microscopy; deposition tools comprising plasma enhanced chemical vapour deposition, chemical vapour deposition, inductively coupled plasma chemical vapour deposition, atomic layer deposition, and ion beam deposition systems; and etch tools, including inductively coupled plasma etching, reactive ion etching, deep silicon etching, atomic layer etching, and ion beam etching systems.