Short Interest in Element Fleet Management Corp. (OTCMKTS:ELEEF) Increases By 36.0%

Element Fleet Management Corp. (OTCMKTS:ELEEF) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 2,740,300 shares, an increase of 36.0% from the February 13th total of 2,014,400 shares. Based on an average daily trading volume, of 100,800 shares, the days-to-cover ratio is currently 27.2 days.

Element Fleet Management Stock Performance

ELEEF opened at $19.07 on Tuesday. The company’s 50-day moving average price is $19.87 and its two-hundred day moving average price is $20.45. Element Fleet Management has a twelve month low of $15.35 and a twelve month high of $21.62.

Element Fleet Management Company Profile

Element Fleet Management Corp. operates as a fleet management company primarily in Canada, Mexico, Australia, and New Zealand. The company offers end-to-end fleet cars, trucks, and material handling support equipment acquisition; and end-to-end electric vehicle fleet including fleet planning, charging infrastructure solutions, acquisition, financing, maintenance, and remarketing.