Rotork plc (OTCMKTS:RTOXF) Sees Significant Growth in Short Interest

Rotork plc (OTCMKTS:RTOXFGet Free Report) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 100,532 shares, an increase of 1,578.3% from the December 31st total of 5,990 shares. Based on an average daily volume of 4,379 shares, the days-to-cover ratio is currently 23.0 days. Based on an average daily volume of 4,379 shares, the days-to-cover ratio is currently 23.0 days.

Rotork Price Performance

OTCMKTS:RTOXF opened at $4.56 on Thursday. Rotork has a 52-week low of $3.18 and a 52-week high of $5.00. The stock has a fifty day moving average of $4.46 and a 200 day moving average of $4.48.

About Rotork

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Rotork is a global provider of precision flow control equipment, specializing in the design, manufacture and distribution of industrial actuators, gearboxes and associated control systems. Its core product portfolio includes electric, pneumatic and hydraulic actuators, as well as manual gearing solutions, each engineered to automate and regulate the movement of valves, dampers and other critical process equipment.

Beyond its actuator range, Rotork offers a suite of instrumentation and control products, such as smart positioners, telemetry modules and condition-monitoring systems, designed to enhance process safety and efficiency.

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