Lectra SA (OTCMKTS:LCTSF) Sees Large Growth in Short Interest

Lectra SA (OTCMKTS:LCTSF) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 5,382 shares, a growth of 58.9% from the May 14th total of 3,387 shares. Based on an average daily volume of 4 shares, the days-to-cover ratio is currently 1,345.5 days.

Lectra Stock Performance

Shares of OTCMKTS LCTSF remained flat at $28.65 during trading on Tuesday. The firm has a 50-day moving average price of $28.47 and a 200 day moving average price of $28.59. Lectra has a 52-week low of $28.65 and a 52-week high of $32.50.

Lectra Company Profile

Lectra SA provides industrial intelligence solutions for fashion, automotive, and furniture markets. The company's solutions include software, automated cutting equipment, data, and related services, which enable customers to automate and optimize product design, development, and manufacture of garments, car seats and interiors, airbags, and sofas, as well as to digitalize their processes. It also offers technical maintenance, support, training, and consulting services; and sells consumables and parts.