Element Fleet Management Corp. (OTCMKTS:ELEEF) Short Interest Down 18.1% in January

Element Fleet Management Corp. (OTCMKTS:ELEEF) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 2,632,800 shares, a drop of 18.1% from the December 31st total of 3,214,000 shares. Based on an average daily trading volume, of 31,700 shares, the days-to-cover ratio is presently 83.1 days.

Element Fleet Management Trading Down 3.2 %

ELEEF traded down $0.64 during trading on Monday, hitting $19.52. The company had a trading volume of 47,544 shares, compared to its average volume of 30,932. Element Fleet Management has a 1-year low of $15.35 and a 1-year high of $21.62. The business has a 50-day moving average of $20.38 and a 200-day moving average of $20.36.

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.