Electrolux Professional AB (publ) (OTCMKTS:ECTXF) Sees Significant Growth in Short Interest

Electrolux Professional AB (publ) (OTCMKTS:ECTXF) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 156,441 shares, an increase of 69.0% from the June 30th total of 92,565 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Electrolux Professional AB (publ) Price Performance

Shares of ECTXF opened at $4.65 on Friday. The firm has a fifty day moving average price of $4.65 and a 200-day moving average price of $5.95. Electrolux Professional AB has a 12-month low of $4.65 and a 12-month high of $7.15.

Electrolux Professional AB (publ) Company Profile

Electrolux Professional AB (publ) provides food service, beverage, and laundry products and solutions to restaurants, hotels, healthcare, educational, and other service facilities. The company operates in two segments, Food & Beverage and Laundry. It offers slicers and food processors, vegetable washers, spin dryers, planetary mixers, vacuum packers and sealers, multi-purpose peeling machines, fryers, boiling and braising pans, grills and griddles, steamers, ventilation equipment, modular cooking ranges, fry tops, combi ovens, convection ovens, cooking suites, refrigerated cabinets and counters, saladettes, cold rooms, blast chillers, dishwashers, cabinets and cupboards, and worktables and shelves.