Short Interest in Rexel S.A. (OTCMKTS:RXLSF) Expands By 33.6%

Rexel S.A. (OTCMKTS:RXLSF) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 187,800 shares, an increase of 33.6% from the March 15th total of 140,600 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is currently 469.5 days.

Rexel Stock Performance

Shares of OTCMKTS:RXLSF remained flat at $24.96 during trading on Friday. 79 shares of the company were exchanged, compared to its average volume of 2,095. Rexel has a 1 year low of $22.41 and a 1 year high of $31.60. The company’s 50 day moving average price is $26.80 and its 200 day moving average price is $26.66.

Rexel Company Profile

Rexel SA, together with its subsidiaries, engages in distribution of low and ultra-low voltage electrical products and services for the residential, commercial, and industrial markets in France, Europe, North America, and Asia-Pacific. The company offers smart cameras, sensors, controllers, and monitoring software; light sources, lights, and control switches; climate control products, including heat pumps, air conditioning, and water heaters; fire alarms, surveillance equipment, access controls devices, and emergency lightings; and connection cables, and switches and routers, as well as enclosures, mounts, and racks.