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

Grafton Group plc (OTCMKTS:GROUFGet Free Report) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 900 shares, a drop of 64.0% from the February 13th total of 2,500 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Analysis on Grafton Group

Grafton Group Price Performance

Grafton Group stock remained flat at $11.00 during mid-day trading on Friday. The stock’s 50 day moving average is $11.15 and its 200-day moving average is $12.16. Grafton Group has a 12-month low of $11.00 and a 12-month high of $12.84. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.56 and a current ratio of 2.21.

Grafton Group Company Profile

(Get Free Report)

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.

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