Short Interest in Bechtle AG (OTCMKTS:BECTY) Decreases By 87.5%

Bechtle AG (OTCMKTS:BECTY) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 100 shares, a decrease of 87.5% from the December 15th total of 800 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 0.5 days.

Bechtle Price Performance

Shares of OTCMKTS:BECTY opened at $6.30 on Tuesday. The company has a 50 day moving average of $6.83 and a 200 day moving average of $7.81. Bechtle has a 12 month low of $6.30 and a 12 month high of $11.19.

Bechtle Company Profile

Bechtle AG provides information technology (IT) services primarily in Europe. The company operates through two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting, hardware and software, project planning and implementation, system integration, IT, and training services for IT operation.