Short Interest in Weg S.A. (OTCMKTS:WEGZY) Declines By 55.0%

Weg S.A. (OTCMKTS:WEGZYGet Free Report) was the target of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 2,700 shares, a decrease of 55.0% from the January 31st total of 6,000 shares. Based on an average trading volume of 102,600 shares, the short-interest ratio is currently 0.0 days.

WEG Stock Down 0.1 %

Shares of WEGZY stock traded down $0.01 during trading hours on Thursday, reaching $7.44. The stock had a trading volume of 57,754 shares, compared to its average volume of 120,788. The firm has a 50-day simple moving average of $7.04 and a 200-day simple moving average of $7.06. WEG has a twelve month low of $5.93 and a twelve month high of $10.00.

About WEG

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WEG SA engages in the production and sale of capital goods in Brazil and internationally. The company offers electric motors, generators, and transformers; gear units and geared motors; hydraulic and steam turbines; frequency converters; motor starters and maneuver devices; control and protection of electric circuits for industrial automation; power sockets and switches; and electric traction solutions for heavy vehicles, SUV vehicles, locomotives, and sea transportation capital goods.

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