Forterra plc (OTCMKTS:FTTRF) Sees Significant Increase in Short Interest
by Jessica Moore · The Cerbat GemForterra plc (OTCMKTS:FTTRF – Get Free Report) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 3,897 shares, a growth of 602.2% from the March 15th total of 555 shares. Based on an average daily volume of 167 shares, the days-to-cover ratio is currently 23.3 days.
Forterra Price Performance
OTCMKTS FTTRF opened at $2.08 on Friday. The firm has a 50-day moving average price of $2.11 and a two-hundred day moving average price of $2.25. Forterra has a 12-month low of $2.08 and a 12-month high of $3.15.
Forterra Company Profile
Forterra plc (OTCMKTS: FTTRF) is a leading UK-based manufacturer of building products, specializing in clay and concrete solutions for the construction sector. The company designs, produces and supplies a comprehensive range of masonry and hard landscaping materials for residential, commercial and infrastructure projects. Its product portfolio spans clay facing bricks, concrete masonry blocks, architectural terracotta, clay pavers, drainage systems and engineered retaining walls.
Within its Clay Products segment, Forterra manufactures a variety of facing bricks, including traditional and extruded formats, as well as thin bricks for both internal and external façades.