Exco Technologies Limited (OTCMKTS:EXCOF) Sees Significant Drop in Short Interest

Exco Technologies Limited (OTCMKTS:EXCOF) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 7,363 shares, a drop of 47.9% from the July 30th total of 14,119 shares. Based on an average daily volume of 2,467 shares, the days-to-cover ratio is presently 3.0 days.

Exco Technologies Stock Performance

Shares of Exco Technologies stock remained flat at $5.93 during trading on Friday. The stock had a trading volume of 800 shares, compared to its average volume of 2,437. Exco Technologies has a 12-month low of $4.39 and a 12-month high of $6.29. The business has a 50 day simple moving average of $5.74 and a two-hundred day simple moving average of $5.57.

Exco Technologies Company Profile

Exco Technologies Limited, trading under OTCMKTS:EXCOF in the United States, is a Canadian-based manufacturer specializing in the design and production of dies, molds, components and consumable equipment for the die-cast, extrusion and automotive industries. Its offerings include precision aluminum die-cast tools, extrusion tooling, polymer processing equipment and engineered components that support original equipment manufacturers (OEMs) and tier suppliers in applications ranging from automotive powertrain and body structure to consumer goods.

The company operates a network of manufacturing facilities across North America, South America, Europe and Asia, enabling it to serve a diverse global customer base.