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

Wacker Neuson SE (OTCMKTS:WKRCF) was the recipient of a large drop in short interest in October. As of October 15th, there was short interest totalling 11,300 shares, a drop of 18.1% from the September 30th total of 13,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 113.0 days.

Wacker Neuson Price Performance

OTCMKTS:WKRCF opened at $16.76 on Wednesday. The stock’s fifty day moving average price is $15.84 and its two-hundred day moving average price is $16.87. Wacker Neuson has a 52-week low of $15.10 and a 52-week high of $18.60.

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.