Bechtle AG (OTCMKTS:BECTY) Sees Significant Increase in Short Interest

Bechtle AG (OTCMKTS:BECTY) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 800 shares, an increase of 166.7% from the November 30th total of 300 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is currently 2.0 days.

Bechtle Stock Performance

OTCMKTS:BECTY remained flat at $6.84 during trading hours on Friday. The firm has a 50 day simple moving average of $7.12 and a 200 day simple moving average of $8.08. Bechtle has a one year low of $6.33 and a one year high of $11.19.

About Bechtle

Bechtle AG provides information technology (IT) services primarily in Europe. The company operates through two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting, hardware and software, project planning and implementation, system integration, IT, and training services for IT operation.