ElringKlinger AG (OTCMKTS:ELLRY) Sees Large Drop in Short Interest

ElringKlinger AG (OTCMKTS:ELLRY) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 300 shares, a drop of 25.0% from the February 28th total of 400 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 3.0 days.

ElringKlinger Stock Performance

ELLRY stock opened at $2.40 on Friday. The firm has a 50 day moving average of $2.36 and a 200-day moving average of $2.26. ElringKlinger has a 12-month low of $2.10 and a 12-month high of $4.18.

About ElringKlinger

ElringKlinger AG develops, manufactures, and sells systems and components for the automotive industry in Germany, the Asia-Pacific, North America, rest of Europe, and internationally. It operates through four segments: Original Equipment, Aftermarket, Engineered Plastics, and Other. The Original Equipment segment is involved in the development, manufacture, and sale of products and assemblies, such as metal sealing systems and drive train components; thermoplastics for drivetrains, body, and underbody applications; hybrid technologies; thermal, acoustic, and aerodynamic shielding systems; cylinder-head and specialty gaskets; battery and fuel cell components and systems; electric drive units; and exhaust gas purification.