Héroux-Devtek Inc. (OTCMKTS:HERXF) Sees Large Increase in Short Interest

Héroux-Devtek Inc. (OTCMKTS:HERXF) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 93,300 shares, an increase of 16.3% from the January 15th total of 80,200 shares. Based on an average daily trading volume, of 7,200 shares, the short-interest ratio is currently 13.0 days.

Héroux-Devtek Price Performance

HERXF stock remained flat at $21.86 during trading on Monday. Héroux-Devtek has a 52-week low of $12.30 and a 52-week high of $24.15. The firm has a 50 day simple moving average of $22.32 and a 200-day simple moving average of $22.79.

Héroux-Devtek Company Profile

Héroux-Devtek Inc engages in the design, development, manufacture, and repair and overhaul of aircraft landing gears, hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. The company serves civil and defence sectors of the aerospace market. It operates in Canada, the United States, the United Kingdom, Rest of Europe, Spain, and internationally.