Short Interest in Reliance Worldwide Co. Limited (OTCMKTS:RLLWF) Rises By 81.4%

Reliance Worldwide Co. Limited (OTCMKTS:RLLWF) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 202,800 shares, a growth of 81.4% from the September 30th total of 111,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 2,028.0 days. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 2,028.0 days.

Reliance Worldwide Price Performance

OTCMKTS:RLLWF opened at $2.45 on Monday. The business’s fifty day moving average price is $2.66 and its 200 day moving average price is $2.61. Reliance Worldwide has a 12 month low of $2.21 and a 12 month high of $3.93.

About Reliance Worldwide

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.