Short Interest in Fluidra, S.A. (OTCMKTS:FLUIF) Increases By 16.5%

Fluidra, S.A. (OTCMKTS:FLUIF) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totaling 264,387 shares, an increase of 16.5% from the March 31st total of 226,957 shares. Based on an average trading volume of 14 shares, the days-to-cover ratio is currently 18,884.8 days.

Wall Street Analyst Weigh In

Separately, BNP Paribas Exane raised Fluidra to an “outperform” rating in a research report on Tuesday, January 20th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Fluidra Stock Performance

Shares of Fluidra stock opened at $25.19 on Friday. The firm’s 50 day simple moving average is $29.44 and its two-hundred day simple moving average is $28.91. Fluidra has a 12-month low of $21.14 and a 12-month high of $30.25.

About Fluidra

Fluidra is a global leader in the design, manufacture and distribution of equipment and solutions for the residential and commercial pool and wellness market. Headquartered in Barcelona, Spain, the company operates on several stock exchanges internationally and trades over the counter in the United States. Its portfolio encompasses a wide range of products that help pool professionals, retailers and end?users build, maintain and automate pool and spa installations.

The company’s core offerings include pumps, filters, heaters, water treatment chemicals, sanitation systems, lighting, pool covers and robotic cleaning devices.