Short Interest in Ashtead Group plc (OTCMKTS:ASHTF) Decreases By 56.1%

Ashtead Group plc (OTCMKTS:ASHTF) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 78,800 shares, a decrease of 56.1% from the February 29th total of 179,400 shares. Based on an average daily volume of 26,300 shares, the short-interest ratio is currently 3.0 days.

Ashtead Group Stock Up 0.1 %

Shares of ASHTF stock opened at $71.19 on Thursday. The stock’s 50-day moving average price is $67.13 and its 200-day moving average price is $64.21. Ashtead Group has a 12-month low of $54.80 and a 12-month high of $74.97.

About Ashtead Group

Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services.