Short Interest in Hunting PLC (OTCMKTS:HNTIF) Expands By 25.8%

Hunting PLC (OTCMKTS:HNTIF) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 100,500 shares, a growth of 25.8% from the January 31st total of 79,900 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is presently 25.1 days.

Hunting Stock Performance

OTCMKTS HNTIF remained flat at $3.90 on Thursday. The firm’s fifty day simple moving average is $4.12 and its two-hundred day simple moving average is $4.44. Hunting has a one year low of $3.65 and a one year high of $5.74.

Hunting Company Profile

Hunting PLC, together with its subsidiaries, manufactures components, technology systems, and precision parts worldwide. It operates in five segments: Hunting Titan; North America; Subsea Technologies; EMEA; and Asia Pacific. The company designs and manufactures perforating systems, energetics, instrumentation, and associated hardware; connection technology and OCTG; subsea technologies; supplies highly engineered tubular components, hollow rotating shafts, very accurate deep hole drilling, plus complex turned, and milled profiles; well intervention equipment; and well test and process systems.