WashTec AG (OTCMKTS:WHTAF) Shares Shorted: Short Interest Up 520.9% in October

WashTec AG (OTCMKTS:WHTAF – Get Free Report) was the recipient of a significant increase in short interest during the month of 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 daily volume of 0 shares, the days-to-cover ratio is currently ? days.

WashTec Price Performance

WHTAF remained flat at $43.35 during trading on Friday. The company’s fifty day moving average price is $44.68 and its 200-day moving average price is $53.72. WashTec has a twelve month low of $43.35 and a twelve month high of $57.30.

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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