Short Interest in Rexel S.A. (OTCMKTS:RXEEY) Rises By 500.0%

Rexel S.A. (OTCMKTS:RXEEY) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 600 shares, an increase of 500.0% from the January 31st total of 100 shares. Based on an average daily trading volume, of 33,800 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Sanford C. Bernstein upgraded shares of Rexel from a “market perform” rating to an “outperform” rating in a research report on Monday, January 6th.

Rexel Stock Performance

RXEEY stock traded down $0.13 during mid-day trading on Friday, reaching $27.26. 27,722 shares of the company’s stock were exchanged, compared to its average volume of 17,049. Rexel has a 12-month low of $22.88 and a 12-month high of $31.35. The stock’s 50 day moving average is $26.37 and its 200 day moving average is $26.82.

Rexel Company Profile

Rexel SA, together with its subsidiaries, engages in distribution of low and ultra-low voltage electrical products and services for the residential, commercial, and industrial markets in France, Europe, North America, and Asia-Pacific. The company offers smart cameras, sensors, controllers, and monitoring software; light sources, lights, and control switches; climate control products, including heat pumps, air conditioning, and water heaters; fire alarms, surveillance equipment, access controls devices, and emergency lightings; and connection cables, and switches and routers, as well as enclosures, mounts, and racks.