ElringKlinger AG (OTCMKTS:ELLRY) Sees Large Drop in Short Interest

ElringKlinger AG (OTCMKTS:ELLRY) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 100 shares, a decrease of 97.3% from the August 15th total of 3,700 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

ElringKlinger Stock Performance

Shares of OTCMKTS ELLRY remained flat at $2.38 during trading hours on Thursday. The firm’s 50-day moving average is $2.54 and its 200-day moving average is $2.99. ElringKlinger has a 12 month low of $2.34 and a 12 month high of $4.18.

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.