Ibstock plc (OTCMKTS:IBJHF) Short Interest Up 133.3% in February

Ibstock plc (OTCMKTS:IBJHF) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 4,200 shares, a growth of 133.3% from the February 13th total of 1,800 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Ibstock Stock Performance

Shares of IBJHF opened at $2.06 on Friday. The business has a 50-day simple moving average of $1.73 and a two-hundred day simple moving average of $1.71. Ibstock has a 52 week low of $1.70 and a 52 week high of $2.06.

Analyst Ratings Changes

Several analysts have issued reports on the company. Investec raised Ibstock to a “buy” rating in a report on Wednesday, March 5th. UBS Group restated a “buy” rating on shares of Ibstock in a research report on Thursday, March 6th. Finally, Royal Bank of Canada restated an “outperform” rating on shares of Ibstock in a research report on Friday, March 7th.

About Ibstock

Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom. The company offers bricks and masonry, which includes facing and engineering bricks, brick slips, special shaped bricks, walling stone, architectural masonry, prefabricated components, eco-habitats, and padstones and lintels, as well as façade systems; roofing products comprising roof tiles and accessories, and chimneys; and flooring and lintels, such as beam and block flooring, insulated flooring, hollowcore, and screed rails.