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

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

Element Fleet Management Trading Down 1.9 %

Shares of Element Fleet Management stock traded down $0.37 on Thursday, hitting $19.55. The company had a trading volume of 42,532 shares, compared to its average volume of 31,673. Element Fleet Management has a 52 week low of $15.35 and a 52 week high of $21.62. The business has a 50-day simple moving average of $20.48 and a 200-day simple moving average of $20.22.

Element Fleet Management Company Profile

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.