Short Interest in Rexel S.A. (OTCMKTS:RXEEY) Increases By 33.3%

Rexel S.A. (OTCMKTS:RXEEY) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 1,200 shares, an increase of 33.3% from the March 31st total of 900 shares. Based on an average trading volume of 12,200 shares, the short-interest ratio is presently 0.1 days.

Rexel Price Performance

Shares of OTCMKTS:RXEEY traded up $0.67 during midday trading on Monday, hitting $27.57. 5,065 shares of the stock were exchanged, compared to its average volume of 4,796. Rexel has a 52-week low of $19.47 and a 52-week high of $27.97. The business’s fifty day simple moving average is $26.38 and its two-hundred day simple moving average is $25.23.

Rexel Company Profile

Rexel SA, together with its subsidiaries, engages in distribution of low and ultra-low voltage electrical products and services for the residential, commercial, and industrial markets in France, Europe, North America, and Asia-Pacific. The company offers smart cameras, sensors, controllers, and monitoring software; light sources, lights, and control switches; climate control products, including heat pumps, air conditioning, and water heaters; fire alarms, surveillance equipment, access controls devices, and emergency lightings; and connection cables, and switches and routers, as well as enclosures, mounts, and racks.