Linamar Co. (OTCMKTS:LIMAF) Sees Large Decline in Short Interest

Linamar Co. (OTCMKTS:LIMAF) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 579,100 shares, a decline of 33.0% from the March 15th total of 863,800 shares. Based on an average daily volume of 30,100 shares, the short-interest ratio is presently 19.2 days.

Linamar Trading Up 3.0 %

OTCMKTS:LIMAF opened at $34.75 on Friday. The stock has a fifty day moving average price of $35.67 and a 200 day moving average price of $39.95. Linamar has a 12-month low of $31.40 and a 12-month high of $54.59.

About Linamar

Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified and powered vehicle markets.