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

Grafton Group plc (OTCMKTS:GROUF) 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.

Grafton Group Price Performance

GROUF remained flat at $11.00 during midday trading on Friday. Grafton Group has a 1 year low of $11.00 and a 1 year high of $12.84. The company has a current ratio of 2.21, a quick ratio of 1.56 and a debt-to-equity ratio of 0.33. The company’s fifty day moving average is $11.15 and its 200 day moving average is $12.16.

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.