Short Interest in Linamar Co. (OTCMKTS:LIMAF) Decreases By 17.9%

Linamar Co. (OTCMKTS:LIMAF) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 863,800 shares, a drop of 17.9% from the February 28th total of 1,051,500 shares. Based on an average daily volume of 40,700 shares, the days-to-cover ratio is presently 21.2 days.

Linamar Stock Up 0.5 %

LIMAF opened at $34.80 on Wednesday. Linamar has a twelve month low of $33.36 and a twelve month high of $54.59. The business’s 50 day moving average is $37.18 and its 200-day moving average is $41.04.

About Linamar

Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified and powered vehicle markets.