Wacker Neuson SE (OTCMKTS:WKRCF) Sees Significant Increase in Short Interest

Wacker Neuson SE (OTCMKTS:WKRCF) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 3,900 shares, an increase of 290.0% from the February 28th total of 1,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 39.0 days.

Wacker Neuson Price Performance

Shares of OTCMKTS WKRCF opened at $21.80 on Friday. Wacker Neuson has a one year low of $20.31 and a one year high of $23.79. The stock’s fifty day moving average price is $18.12 and its two-hundred day moving average price is $17.06.

About Wacker Neuson

Wacker Neuson SE manufactures and distributes light and compact equipment in Germany, Austria, the United States, and internationally. It operates through three segments: Light Equipment, Compact Equipment, and Services. The company provides internal and external vibrators for concrete compaction; rammers; vibratory plates; rollers for soil compaction; demolition and light products; generators; pumps; and heaters.