Hunting PLC (OTCMKTS:HNTIF) Sees Large Decrease in Short Interest

Hunting PLC (OTCMKTS:HNTIF) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 300 shares, a drop of 99.7% from the October 31st total of 101,300 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is currently 0.3 days.

Hunting Stock Performance

Shares of HNTIF stock remained flat at $4.01 on Friday. Hunting has a twelve month low of $3.25 and a twelve month high of $5.74. The firm’s 50-day moving average is $4.41 and its 200-day moving average is $5.06.

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.