Gates Industrial Corporation Plc Ordinary Shares (NYSE:GTES) Shorts Rose By 1.8%

It was showed an increase on Gates Industrial Corporation Plc Ordinary Shares (NYSE:GTES)’s shares shorted with 1.8%. It was issued in February by FINRA the 3.89M shares shorted on GTES. The up change of 1.8% from 3.82 million shares was reported. 7 days will cost GTES with 577,200 average volume to recover its previous position. 8.57% is Gates Industrial Corporation Plc Ordinary Shares float short.

The stock increased 4.88% or $0.75 during the last trading session, reaching $16.13.Gates Industrial Corporation plc is after having 0.00% since February 14, 2018. GTES has 1.35 million volume or 177.88% up from normal. GTES the S&P500 by 0.00%.

Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide.The company has $4.68 billion market cap. The Company’s power transmission products include synchronous belts, V-belts, CVT belts, or micro-V belts, as well as related components, including sprockets, pulleys, water pumps, tensioners, or other accessories.The P/E ratio is 15.74. The company's power transmission product applications comprise stationary drives, mobile drives, engine systems, personal mobility products, and vertical lifts.

For more Gates Industrial Corporation plc (NYSE:GTES) news announced recently go to: Gurufocus.com, Zacks.com, Prnewswire.com, Prnewswire.com or Prnewswire.com. The titles are as follows: “Jeff Auxier Establishes 4 New Holdings in 4th Quarter – GuruFocus.com” announced on February 13, 2019, “Jacobs Hikes Dividend, Announces New Share Repurchase Program – Zacks.com” on January 18, 2019, “Gates Introduces New Platform of MICRO-V® Belts – PR Newswire” with a publish date: October 30, 2018, “Gates Industrial Reports Fourth-Quarter & Full-Year 2018 Results – PRNewswire” and the last “Gates Industrial Reports Record Third-Quarter 2018 Results – PR Newswire” with publication date: November 01, 2018.

Gates Industrial Corporation plc (NYSE:GTES) Analyst Ratings Chart

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