Short Interest in Richelieu Hardware Ltd. (OTCMKTS:RHUHF) Decreases By 20.2%

Richelieu Hardware Ltd. (OTCMKTS:RHUHF) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totalling 513,300 shares, a decline of 20.2% from the September 15th total of 642,900 shares. Based on an average trading volume of 2,300 shares, the short-interest ratio is presently 223.2 days.

Richelieu Hardware Price Performance

OTCMKTS RHUHF remained flat at $29.00 during trading on Friday. The company’s stock had a trading volume of 6,232 shares, compared to its average volume of 2,257. Richelieu Hardware has a 12 month low of $27.65 and a 12 month high of $36.25. The stock has a 50-day simple moving average of $28.75 and a 200 day simple moving average of $29.01.

About Richelieu Hardware

Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in Canada and the United States. The company's principal product categories include furniture, glass and building decorative, and functional hardware; lighting systems; finishing and decorating products; ergonomic workstation components; kitchen and closet storage solutions; sliding door systems; decorative and functional panels; high-pressure laminates; railing and balusters; floor protection products; and power tool accessories.