Short Interest in WashTec AG (OTCMKTS:WHTAF) Declines By 34.3%

WashTec AG (OTCMKTS:WHTAFGet Free Report) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 218 shares, a drop of 34.3% from the August 15th total of 332 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

WashTec Price Performance

Shares of WHTAF opened at $43.35 on Thursday. The business’s 50-day moving average price is $54.67 and its 200 day moving average price is $56.33. WashTec has a 1-year low of $43.35 and a 1-year high of $57.30.

WashTec Company Profile

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WashTec AG is a global provider of vehicle cleaning solutions, specializing in the design, manufacturing and servicing of automated and self-service car wash systems. The company’s product range spans from in-bay automatics and tunnel systems to high-pressure cleaning equipment and payment terminals. WashTec also offers a suite of software and digital solutions to help operators manage and optimize wash throughput, customer payments and maintenance schedules.

Founded in Germany and headquartered in Augsburg, WashTec has built a reputation for engineering innovation and reliability.

Further Reading

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