Electrolux Professional AB (publ) (OTCMKTS:ECTXF) Sees Significant Increase in Short Interest

Electrolux Professional AB (publ) (OTCMKTS:ECTXF) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 227,594 shares, an increase of 92.2% from the September 15th total of 118,426 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Electrolux Professional AB (publ) Price Performance

Shares of Electrolux Professional AB (publ) stock remained flat at $4.65 during trading hours on Wednesday. Electrolux Professional AB has a 52-week low of $4.65 and a 52-week high of $7.15. The firm’s 50-day simple moving average is $4.65 and its two-hundred day simple moving average is $5.05.

Electrolux Professional AB (publ) Company Profile

Electrolux Professional AB (publ) develops, manufactures and sells professional appliances and solutions for commercial kitchens, restaurants, hotels, cafés, institutional food service operations and other businesses. Its offerings are designed for professional food preparation, cooking, refrigeration, washing and beverage applications.

The company also provides professional laundry equipment and related systems for customers such as hotels, healthcare facilities, laundries and other organizations.