Aquafil S.p.A. (OTCMKTS:ECNLF – Get Free Report) was the recipient of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 23,306 shares, a decline of 45.3% from the May 14th total of 42,640 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.
Aquafil Price Performance
Shares of OTCMKTS:ECNLF remained flat at $1.47 during midday trading on Tuesday. The business has a 50-day simple moving average of $1.47 and a two-hundred day simple moving average of $1.86. Aquafil has a 12-month low of $1.35 and a 12-month high of $2.20.
About Aquafil
Aquafil S.p.A. (OTCMKTS: ECNLF) is an Italy-based manufacturer specializing in the production of polyamide (nylon) polymers and synthetic fibers. Headquartered in Arco, Trentino, the company designs and supplies raw materials and intermediate products for a wide range of industries, including textile, fashion, carpet, automotive, and industrial applications. Aquafil’s core operations revolve around the polymerization of caprolactam to produce Nylon 6, which serves as the foundation for its fiber extrusion and yarn spinning processes.
One of Aquafil’s signature offerings is its ECONYL® Regeneration System, a circular-economy initiative that recycles nylon waste—such as discarded fishing nets, fabric scraps and old carpets—into regenerated nylon yarn.
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