Rotork plc (OTCMKTS:RTOXF) Stock Short Interest Report for September

Rotork plc (OTCMKTS:RTOXF) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 1,970 shares, a drop of 87.6% from the September 15th total of 15,845 shares. Based on an average daily trading volume, of 132 shares, the short-interest ratio is presently 14.9 days.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. BNP Paribas Exane lowered shares of Rotork from an “outperform” rating to a “neutral” rating in a research report on Tuesday, July 21st. Royal Bank Of Canada downgraded shares of Rotork from an “outperform” rating to a “sector perform” rating in a report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Rotork from a “buy” rating to a “hold” rating in a research note on Thursday, July 16th. Three equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, Rotork has a consensus rating of “Hold”.

Rotork Price Performance

Shares of OTCMKTS RTOXF remained flat at $6.02 during midday trading on Friday. The company’s 50-day moving average is $6.43 and its 200-day moving average is $5.11. Rotork has a 12 month low of $3.70 and a 12 month high of $6.70.

Rotork Company Profile

Rotork plc is a United Kingdom-based industrial engineering company that designs and manufactures equipment for the control and automation of fluid-handling processes. Its products are used to operate and monitor valves and other flow-control equipment in applications where the movement of liquids, gases, or powders must be regulated safely and reliably.

The company’s product portfolio includes electric, pneumatic, hydraulic, and electro-hydraulic valve actuators, as well as gearboxes, control systems, instrumentation, and valve-monitoring technologies.