Wacker Neuson SE (OTCMKTS:WKRCF) Sees Large Drop in Short Interest

Wacker Neuson SE (OTCMKTS:WKRCF) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 15,517 shares, a decrease of 39.1% from the April 15th total of 25,462 shares. Based on an average trading volume of 65 shares, the days-to-cover ratio is currently 238.7 days.

Wacker Neuson Price Performance

OTCMKTS:WKRCF opened at $23.29 on Tuesday. Wacker Neuson has a twelve month low of $20.31 and a twelve month high of $30.00. The business has a 50 day moving average price of $22.79 and a two-hundred day moving average price of $23.48.

About Wacker Neuson

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.