Forterra plc (OTCMKTS:FTTRF) Short Interest Update

Forterra plc (OTCMKTS:FTTRF) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 29,104 shares, a drop of 39.8% from the June 15th total of 48,350 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Forterra in a research report on Wednesday, May 20th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Forterra has an average rating of “Moderate Buy”.

Forterra Stock Performance

Forterra stock remained flat at $2.00 during mid-day trading on Thursday. The business’s fifty day simple moving average is $2.02 and its 200 day simple moving average is $2.11. Forterra has a 12 month low of $2.00 and a 12 month 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.