Short Interest in Element Fleet Management Corp. (OTCMKTS:ELEEF) Rises By 33.5%

Element Fleet Management Corp. (OTCMKTS:ELEEF) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,214,000 shares, an increase of 33.5% from the December 15th total of 2,406,900 shares. Based on an average daily volume of 48,400 shares, the days-to-cover ratio is presently 66.4 days.

Element Fleet Management Stock Performance

ELEEF opened at $19.73 on Friday. Element Fleet Management has a twelve month low of $15.35 and a twelve month high of $21.62. The company has a 50-day moving average price of $20.44 and a 200 day moving average price of $20.23.

Element Fleet Management Company Profile

Element Fleet Management Corp. operates as a fleet management company primarily in Canada, Mexico, Australia, and New Zealand. The company offers end-to-end fleet cars, trucks, and material handling support equipment acquisition; and end-to-end electric vehicle fleet including fleet planning, charging infrastructure solutions, acquisition, financing, maintenance, and remarketing.