WashTec AG (OTCMKTS:WHTAF) Stock Short Interest Rises 520.9%

WashTec AG (OTCMKTS:WHTAF – Get Free Report) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 267 shares, an increase of 520.9% from the October 15th total of 43 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

WashTec Stock Performance

Shares of WHTAF stock opened at $43.35 on Wednesday. WashTec has a twelve month low of $43.35 and a twelve month high of $57.30. The stock’s fifty day simple moving average is $45.12 and its 200 day simple moving average is $53.84.

About WashTec

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WashTec AG is a Germany-based manufacturer of vehicle-washing equipment and related services. Its products serve car washes, fuel stations, dealerships, fleet operators and other commercial customers. The company offers automatic rollover and tunnel wash systems, self-service washing equipment, and solutions for washing trucks and buses. Its services also include installation, maintenance, spare parts, wash chemicals and water-treatment systems. Headquartered in Augsburg, WashTec serves customers internationally through its own operations and distribution partners.

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