Essentra plc (OTCMKTS:FLRAF) Sees Significant Decrease in Short Interest

Essentra plc (OTCMKTS:FLRAF) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 195,800 shares, a drop of 17.6% from the December 31st total of 237,700 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Essentra Price Performance

Shares of FLRAF stock remained flat at $1.44 during trading hours on Monday. Essentra has a 12-month low of $1.42 and a 12-month high of $2.42. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.28 and a current ratio of 1.97. The company’s 50-day moving average price is $1.75 and its two-hundred day moving average price is $1.96.

About Essentra

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.