Essentra (OTCMKTS:FLRAF – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 28,227 shares, a drop of 58.8% from the September 15th total of 68,573 shares. Based on an average daily trading volume, of 127 shares, the short-interest ratio is presently 222.3 days. Currently, 0.0% of the company’s shares are sold short.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group reiterated a “buy” rating on shares of Essentra in a research report on Friday, August 21st. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.
Read Our Latest Stock Analysis on Essentra
Essentra Price Performance
Essentra Company Profile
Essentra plc is a global manufacturer and distributor of engineered components used by manufacturers across a range of industrial and commercial markets. Its product portfolio includes protective caps and plugs, cable-management products, fasteners, access hardware, handles, knobs, hinges and other molded or machined components designed to support assembly, protection and finishing applications.
The company serves customers through the Essentra Components business, offering both standard catalog products and customized solutions.
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