Ashtead Group plc (OTCMKTS:ASHTF – Get Free Report) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 426,800 shares, a growth of 28.4% from the January 31st total of 332,500 shares. Based on an average daily trading volume, of 16,900 shares, the short-interest ratio is currently 25.3 days.
Ashtead Group Trading Up 0.0 %
ASHTF stock opened at $59.86 on Tuesday. Ashtead Group has a 12-month low of $58.80 and a 12-month high of $83.00. The business’s 50-day moving average is $63.34 and its 200 day moving average is $70.49.
Analysts Set New Price Targets
Separately, Royal Bank of Canada upgraded Ashtead Group from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, December 3rd.
Ashtead Group Company Profile
Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services.
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