Short Interest in Reliance Worldwide Co. Limited (OTCMKTS:RLLWF) Declines By 39.5%

Reliance Worldwide Co. Limited (OTCMKTS:RLLWF) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 915,100 shares, a decline of 39.5% from the October 15th total of 1,512,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 9,151.0 days.

Reliance Worldwide Stock Performance

Shares of RLLWF stock opened at $3.55 on Friday. Reliance Worldwide has a 52 week low of $2.32 and a 52 week high of $4.00. The stock’s fifty day moving average is $3.60 and its 200-day moving average is $3.34.

Reliance Worldwide Company Profile

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.