Tecsys Inc. (OTCMKTS:TCYSF) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 32,000 shares, a decrease of 21.6% from the August 15th total of 40,800 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.
OTCMKTS:TCYSF opened at $45.02 on Tuesday. Tecsys has a twelve month low of $23.44 and a twelve month high of $50.09. The company has a 50-day moving average of $37.17 and a 200-day moving average of $36.21.
Separately, National Bank Financial increased their price objective on shares of Tecsys from C$55.00 to C$65.00 and gave the stock an “outperform” rating in a report on Friday, September 10th.
TECSYS, Inc engages in the development and marketing of enterprise wide distribution software and related services. Its supply chain execution applications include warehouse-centric, warehouse, distribution, and transportation management, as well as financial management and analytics solutions. It operates through the following geographical segments: Canada, Unites States, Europe, & Other.
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