Reliance Worldwide Co. Limited (OTCMKTS:RLLWF) Short Interest Up 65.4% in September

Reliance Worldwide Co. Limited (OTCMKTS:RLLWF) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 119,900 shares, an increase of 65.4% from the August 31st total of 72,500 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1,199.0 days. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1,199.0 days.

Reliance Worldwide Stock Performance

RLLWF opened at $2.75 on Wednesday. The stock’s 50 day simple moving average is $2.55 and its 200 day simple moving average is $2.64. Reliance Worldwide has a 1 year low of $2.21 and a 1 year high of $4.00.

Reliance Worldwide Company Profile

Reliance Worldwide Corporation Limited, together with its subsidiaries, engages in the design, manufacture, and supply of water flow, control, and monitoring products and solutions for plumbing and heating industries. It offers plumbing solutions comprising brass and plastic push-to-connect plumbing fittings, other fittings, pipes, valves, and integrated installation solutions; appliance installations solutions, such as fluid tech and appliance installation and repair services; and other products.