Aquafil S.p.A. (OTCMKTS:ECNLF) Short Interest Up 130.0% in October

Aquafil S.p.A. (OTCMKTS:ECNLF) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 13,800 shares, a growth of 130.0% from the October 15th total of 6,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 138.0 days.

Aquafil Price Performance

Shares of OTCMKTS:ECNLF remained flat at $2.29 during trading on Wednesday. The stock’s 50-day moving average price is $2.62 and its 200-day moving average price is $3.11. Aquafil has a 1 year low of $2.29 and a 1 year high of $2.29.

Aquafil Company Profile

Aquafil S.p.A., together with its subsidiaries, engages in the production, reprocessing, and sale of polyamide 6 fibers and polymers in Europe, the Middle East, Africa, Asia, Oceania, and the United States. The company offers bulk continuous filament or synthetic yarns for the textile flooring sector, as well as used in hotels, airports, offices, etc., and residential buildings and the automotive market; nylon textile filaments for sportswear, classic, and technical or specialist apparels; and polymers products or plastic raw materials primarily for engineering plastics sector for use in molding industry, as well as manufactures and sells polymers for use in accessories in the fashion and designer furniture industries.