Grafton Group plc (OTCMKTS:GROUF – Get Free Report) was the recipient of a significant drop in short interest during the month of 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 short-interest ratio is presently ∞ days. Currently, 0.0% of the company’s shares are sold short.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada restated an “outperform” rating on shares of Grafton Group in a report on Tuesday.
Check Out Our Latest Research Report on Grafton Group
Grafton Group Price Performance
Grafton Group Company Profile
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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