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Will ASHTEAD GROUP PLC ORDINARY SHARES (OTCMKTS:ASHTF) Run Out of Steam Soon? Short Interest is Up

Ashtead Group plc (OTCMKTS:ASHTF) Logo

The stock of ASHTEAD GROUP PLC ORDINARY SHARES (OTCMKTS:ASHTF) registered an increase of 2.26% in short interest. ASHTF’s total short interest was 276,100 shares in November as published by FINRA. Its up 2.26% from 270,000 shares, reported previously. With 2,800 shares average volume, it will take short sellers 99 days to cover their ASHTF’s short positions.

It closed at $24.88 lastly. It is down 0.00% since November 10, 2017 and is . It has underperformed by 15.62% the S&P500.

Ashtead Group plc, together with its subsidiaries, rents a range of construction and industrial equipment. The company has market cap of $11.54 billion. It offers equipment for use in lifting, powering, generation, moving, digging, compacting, drilling, supporting, scrubbing, pumping, directing, heating, and ventilating works. It has a 9.07 P/E ratio. The firm provides various types of construction equipment for non-residential construction markets; and facilities management equipment for the maintenance and repair of facilities.

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