Reliance Worldwide Co. Limited (OTCMKTS:RLLWF – Get Free Report) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 23,360 shares, an increase of 75.8% from the September 30th total of 13,291 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is presently 38.9 days.
Reliance Worldwide Price Performance
OTCMKTS:RLLWF remained flat at $3.03 during trading hours on Monday. Reliance Worldwide has a fifty-two week low of $1.84 and a fifty-two week high of $3.25. The firm’s fifty day simple moving average is $3.09 and its 200-day simple moving average is $2.51.
About Reliance Worldwide
Reliance Worldwide Corporation Limited is an Australia-based manufacturer and supplier of plumbing and water-control products. The company develops solutions used in residential, commercial and industrial plumbing systems, with a focus on products that support the installation, connection, control and repair of water piping.
Its product portfolio includes push-to-connect plumbing fittings, valves, pipe repair and connection products, water pressure and temperature control devices, and related plumbing accessories.
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