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

Wacker Neuson SE (OTCMKTS:WKRCFGet Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 5,729 shares, an increase of 147.9% from the May 31st total of 2,311 shares. Based on an average daily volume of 11 shares, the short-interest ratio is presently 520.8 days.

Wacker Neuson Price Performance

Shares of OTCMKTS:WKRCF opened at $22.49 on Wednesday. The company’s fifty day moving average is $22.99 and its two-hundred day moving average is $23.23. Wacker Neuson has a 1-year low of $20.31 and a 1-year high of $30.00.

Wacker Neuson Company Profile

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Wacker Neuson Group (OTCMKTS: WKRCF) is a Germany-based manufacturer of compact construction equipment and light machinery, tracing its heritage to an engineering workshop founded in 1848. The modern entity took shape in 2007 through the merger of Wacker Construction Equipment and Neuson Kramer, establishing Wacker Neuson SE with headquarters in Munich and operations spanning multiple international markets.

The company’s product portfolio is organized into two main divisions. The Light Equipment segment provides vibratory rammers, plates, trench rollers, concrete technology solutions such as trowels and pumps, as well as power generators and light towers for construction site support.

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