Element Fleet Management Corp. (OTCMKTS:ELEEF) Sees Significant Growth in Short Interest

Element Fleet Management Corp. (OTCMKTS:ELEEF) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 3,214,000 shares, an increase of 33.5% from the December 31st total of 2,406,900 shares. Based on an average daily volume of 48,400 shares, the short-interest ratio is presently 66.4 days.

Element Fleet Management Stock Down 0.6 %

Element Fleet Management stock traded down $0.13 during trading hours on Thursday, reaching $20.08. 15,609 shares of the company were exchanged, compared to its average volume of 30,421. Element Fleet Management has a 12 month low of $15.35 and a 12 month high of $21.62. The stock has a 50-day moving average of $20.44 and a 200 day moving average of $20.34.

About Element Fleet Management

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.