Hunting PLC (OTCMKTS:HNTIF – Get Free Report) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 3,478 shares, an increase of 145.8% from the August 15th total of 1,415 shares. Based on an average trading volume of 67 shares, the short-interest ratio is presently 51.9 days.
Hunting Price Performance
HNTIF remained flat at $5.43 on Friday. Hunting has a one year low of $4.23 and a one year high of $7.50. The business has a 50 day moving average price of $5.90 and a 200 day moving average price of $6.33.
About Hunting
Hunting plc, trading under the OTCMKTS symbol HNTIF, is a United Kingdom–based engineering firm that supplies critical equipment and services to the global oil and gas industry. With roots tracing back to the late 19th century, the company has evolved into a specialist provider of surface, well intervention and subsea production systems. Its product portfolio includes coiled tubing and well intervention equipment, downhole tools, surface wellhead assemblies, subsea control umbilicals and associated hardware.
The company’s core offerings are organized around three main segments: well intervention, surface and downhole systems, and subsea controls.
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