Short Interest Change: Is Buying AGGREKO PLC (OTCMKTS:ARGKF) Here Good Idea?

November 24, 2016 - By Marguerite Chambers   ·   0 Comments

Short Interest Change: Is Buying AGGREKO PLC (OTCMKTS:ARGKF) Here Good Idea?

The stock of AGGREKO PLC (OTCMKTS:ARGKF) registered a decrease of 81.31% in short interest. ARGKF’s total short interest was 49,300 shares in November as published by FINRA. Its down 81.31% from 263,800 shares, reported previously. With 17,300 shares average volume, it will take short sellers 3 days to cover their ARGKF’s short positions. The stock decreased 4.26% or $0.44 on November 23, hitting $9.9. About 964 shares traded hands. Aggreko PLC (OTCMKTS:ARGKF) has declined 38.85% since April 22, 2016 and is downtrending. It has underperformed by 44.26% the S&P500.

Aggreko plc is a United Kingdom-based well-known provider of modular, mobile power and related solutions. The company has a market cap of $2.65 billion. The Company’s divisions include Power Solutions and Rental Solutions. It currently has negative earnings. The Power Solutions segment provides solutions for power requirements.

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By Marguerite Chambers


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