Forterra plc (OTCMKTS:FTTRF) Sees Large Decline in Short Interest

Forterra plc (OTCMKTS:FTTRF) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 919 shares, a decrease of 82.7% from the January 29th total of 5,303 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Forterra Stock Performance

Forterra stock remained flat at $2.12 during midday trading on Thursday. The firm has a 50 day moving average of $2.25 and a 200-day moving average of $2.30. Forterra has a one year low of $2.11 and a one year high of $3.15.

Forterra Company Profile

Forterra plc (OTCMKTS: FTTRF) is a leading UK-based manufacturer of building products, specializing in clay and concrete solutions for the construction sector. The company designs, produces and supplies a comprehensive range of masonry and hard landscaping materials for residential, commercial and infrastructure projects. Its product portfolio spans clay facing bricks, concrete masonry blocks, architectural terracotta, clay pavers, drainage systems and engineered retaining walls.

Within its Clay Products segment, Forterra manufactures a variety of facing bricks, including traditional and extruded formats, as well as thin bricks for both internal and external façades.