Short Interest in Rexel S.A. (OTCMKTS:RXLSF) Rises By 160.5%

Rexel S.A. (OTCMKTS:RXLSF) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 139,100 shares, an increase of 160.5% from the October 15th total of 53,400 shares. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is presently 99.4 days.

Rexel Trading Down 1.5 %

OTCMKTS:RXLSF traded down $0.42 on Wednesday, hitting $28.00. 2,211 shares of the company’s stock traded hands, compared to its average volume of 832. The firm has a 50-day moving average price of $27.83 and a 200-day moving average price of $27.35. Rexel has a 1 year low of $22.87 and a 1 year high of $31.60.

About Rexel

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.