Element Fleet Management Corp. (OTCMKTS:ELEEF) Short Interest Up 33.5% in January

Element Fleet Management Corp. (OTCMKTS:ELEEF) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 3,214,000 shares, an increase of 33.5% from the December 31st total of 2,406,900 shares. Based on an average daily volume of 48,400 shares, the short-interest ratio is presently 66.4 days.

Element Fleet Management Stock Performance

Shares of OTCMKTS ELEEF traded down $0.64 during midday trading on Friday, reaching $19.52. The stock had a trading volume of 47,544 shares, compared to its average volume of 30,932. The stock has a 50-day moving average of $20.38 and a 200-day moving average of $20.34. Element Fleet Management has a 12-month low of $15.35 and a 12-month high of $21.62.

About Element Fleet Management

Element Fleet Management Corp. operates as a fleet management company primarily in Canada, Mexico, Australia, and New Zealand. The company offers end-to-end fleet cars, trucks, and material handling support equipment acquisition; and end-to-end electric vehicle fleet including fleet planning, charging infrastructure solutions, acquisition, financing, maintenance, and remarketing.