RS Group plc (OTCMKTS:EENEF) Short Interest Update

RS Group plc (OTCMKTS:EENEF) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 359,481 shares, a growth of 74.6% from the November 30th total of 205,839 shares. Based on an average daily trading volume, of 555 shares, the short-interest ratio is presently 647.7 days. Based on an average daily trading volume, of 555 shares, the short-interest ratio is presently 647.7 days.

RS Group Stock Performance

EENEF stock remained flat at $7.78 during midday trading on Monday. RS Group has a 1-year low of $7.53 and a 1-year high of $10.24. The company’s 50 day moving average is $8.07 and its 200-day moving average is $8.14.

About RS Group

RS Group plc (OTCMKTS:EENEF) is a global distributor of industrial and electronic products, serving engineers, procurement professionals and maintenance teams. The company offers a comprehensive range of over 500,000 products, including electronic components, automation and control devices, tools, fasteners, test and measurement equipment, and maintenance supplies. RS Group’s digital platforms and catalogues provide customers with real-time stock information, technical resources and e-procurement solutions designed to streamline supply chain management.

Through its two core brands – RS Components in Europe and Allied Electronics & Automation in North America – RS Group supports industries such as manufacturing, transportation, energy and infrastructure.