
Thu Sep 26 15:03:57 UTC 2024: ## Short Interest in Ashtead Group Surges 120% in September
**LONDON, UK – October 26, 2023** – Ashtead Group plc (OTCMKTS:ASHTY), a leading equipment rental company, experienced a significant spike in short interest during September. According to recent data, the number of shares sold short increased by 120% from 500 shares on August 31st to 1,100 shares on September 15th. This surge in short interest suggests that some investors are betting on a decline in the company’s stock price.
The reason for this increase in short interest is currently unclear, but it may be related to market sentiment or specific concerns about the company’s performance.
Analysts will be closely watching the stock’s performance in the coming months to see if this surge in short interest translates into a decline in the share price.
**About Ashtead Group:**
Ashtead Group plc is a global equipment rental company operating in the United States, the United Kingdom, and Canada. The company provides a wide range of equipment for various industries, including construction, infrastructure, and industrial projects.