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

Wacker Neuson SE (OTCMKTS:WKRCF) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 4,800 shares, a growth of 23.1% from the March 15th total of 3,900 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 24.0 days.

Wacker Neuson Stock Performance

WKRCF opened at $24.04 on Friday. The business’s 50-day simple moving average is $20.15 and its 200-day simple moving average is $17.92. Wacker Neuson has a one year low of $20.31 and a one year high of $24.04.

Wacker Neuson Company Profile

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.