Electrolux Professional AB (publ) (OTCMKTS:ECTXF) Stock Short Interest Rises 92.2%

Electrolux Professional AB (publ) (OTCMKTS:ECTXF) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 227,594 shares, an increase of 92.2% from the September 15th total of 118,426 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ? days.

Electrolux Professional AB (publ) Price Performance

Shares of OTCMKTS ECTXF remained flat at $4.65 during trading on Wednesday. Electrolux Professional AB has a 1-year low of $4.65 and a 1-year high of $7.15. The business has a 50-day simple moving average of $4.65 and a 200 day simple moving average of $5.05.

Electrolux Professional AB (publ) Company Profile

Electrolux Professional AB (publ) develops, manufactures and sells professional appliances and solutions for commercial kitchens, restaurants, hotels, cafés, institutional food service operations and other businesses. Its offerings are designed for professional food preparation, cooking, refrigeration, washing and beverage applications.

The company also provides professional laundry equipment and related systems for customers such as hotels, healthcare facilities, laundries and other organizations.