Ashtead Group plc (OTCMKTS:ASHTF) Short Interest Down 56.1% in March

Ashtead Group plc (OTCMKTS:ASHTF) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 78,800 shares, a decrease of 56.1% from the February 29th total of 179,400 shares. Based on an average daily trading volume, of 26,300 shares, the days-to-cover ratio is currently 3.0 days.

Ashtead Group Price Performance

Shares of Ashtead Group stock opened at $71.19 on Thursday. Ashtead Group has a 52 week low of $54.80 and a 52 week high of $74.97. The stock has a 50 day moving average price of $67.13 and a two-hundred day moving average price of $64.21.

About Ashtead Group

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.