Short Interest in Bechtle AG (OTCMKTS:BECTY) Rises By 385.7%

Bechtle AG (OTCMKTS:BECTY) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 3,400 shares, a growth of 385.7% from the March 31st total of 700 shares. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is presently 2.4 days.

Bechtle Stock Performance

Shares of OTCMKTS BECTY remained flat at $9.94 during mid-day trading on Friday. Bechtle has a 12-month low of $7.86 and a 12-month high of $11.19. The business has a 50-day moving average of $10.25 and a two-hundred day moving average of $9.93.

About Bechtle

Bechtle AG provides information technology (IT) services primarily in Europe. The company operates through two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting, hardware and software, project planning and implementation, system integration, IT, and training services for IT operation.