ElringKlinger AG (OTCMKTS:EGKLF) Short Interest Down 55.1% in September

ElringKlinger AG (OTCMKTS:EGKLF) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 2,200 shares, a decline of 55.1% from the August 31st total of 4,900 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

ElringKlinger Stock Performance

OTCMKTS:EGKLF opened at $5.11 on Friday. The firm’s fifty day moving average price is $5.59 and its two-hundred day moving average price is $6.37. ElringKlinger has a one year low of $4.65 and a one year high of $5.11.

ElringKlinger Company Profile

ElringKlinger AG develops, manufactures, and sells systems and components for the automotive industry in Germany, the Asia-Pacific, North America, rest of Europe, and internationally. It operates through four segments: Original Equipment, Aftermarket, Engineered Plastics, and Other. The Original Equipment segment is involved in the development, manufacture, and sale of products and assemblies, such as metal sealing systems and drive train components; thermoplastics for drivetrains, body, and underbody applications; hybrid technologies; thermal, acoustic, and aerodynamic shielding systems; cylinder-head and specialty gaskets; battery and fuel cell components and systems; electric drive units; and exhaust gas purification.