Travis Perkins plc (OTCMKTS:TVPKF) Sees Large Drop in Short Interest

Travis Perkins plc (OTCMKTS:TVPKFGet Rating) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totalling 54,400 shares, a decrease of 19.3% from the April 15th total of 67,400 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Separately, Zacks Investment Research cut Travis Perkins from a “buy” rating to a “hold” rating in a research note on Saturday, March 26th.

Shares of TVPKF stock remained flat at $$22.70 on Tuesday. The business has a 50-day moving average of $22.70 and a 200 day moving average of $21.99. Travis Perkins has a 1 year low of $21.08 and a 1 year high of $22.97.

Travis Perkins Company Profile (Get Rating)

Travis Perkins plc distributes building materials to the building, construction, and home improvement markets in the United Kingdom. It operates through, Merchanting, and Toolstation segments. The Merchanting segment distributes interior building products, which include drywalls, ceilings, external envelopes, fire protection products, flooring and partitioning products, and tools and accessories to professionals within the construction industry; civil, drainage, and heavy building materials to specialist contractors and trade professionals; and pipeline and heating solutions.

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