Short Interest in AB Electrolux (publ) (OTCMKTS:ELRXF) Expands By 126.5%

AB Electrolux (publ) (OTCMKTS:ELRXF) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 4,128,844 shares, an increase of 126.5% from the June 30th total of 1,822,919 shares. Based on an average daily volume of 62 shares, the short-interest ratio is presently 66,594.3 days.

AB Electrolux (publ) Price Performance

Shares of OTCMKTS:ELRXF remained flat at $2.41 during midday trading on Wednesday. AB Electrolux has a 12-month low of $2.41 and a 12-month high of $9.62. The business has a 50-day simple moving average of $3.19 and a two-hundred day simple moving average of $5.64.

AB Electrolux (publ) Company Profile

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances worldwide. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories. It also provides hobs, ovens, and hoods; and tumble dryers. The company offers its products under the Electrolux, AEG, and Frigidaire brands through retailers, buying groups, and independent stores.