Wajax Co. (OTCMKTS:WJXFF) Short Interest Up 559.3% in March

Wajax Co. (OTCMKTS:WJXFFGet Free Report) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 17,800 shares, a growth of 559.3% from the February 29th total of 2,700 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 89.0 days.

Wajax Stock Performance

Wajax stock traded down $0.12 during mid-day trading on Wednesday, hitting $24.55. 220 shares of the company’s stock were exchanged, compared to its average volume of 785. Wajax has a fifty-two week low of $16.20 and a fifty-two week high of $24.67. The company’s 50 day simple moving average is $23.75 and its 200-day simple moving average is $22.16.

About Wajax

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Wajax Corporation provides sales, parts, and services to construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government, utilities, and oil and gas sectors. The company offers compact excavators, dump trucks, excavators, wheel loaders, and wheeled excavators; aerial devices, boom lifts, cranes, digger derricks, drills, lifts, and material and scissor lifts; marine, off and on highway engines, and transmissions; and feller bunchers, felling heads, flail debarkers, forwarders, grinders, harvesting heads, log loaders, mulchers, skidders, track and wheel harvesters, and woodchippers.

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