Element Fleet Management Corp. (OTCMKTS:ELEEF) Short Interest Update

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

Element Fleet Management Stock Performance

Element Fleet Management stock opened at $19.73 on Friday. The stock’s 50 day simple moving average is $20.44 and its two-hundred day simple moving average is $20.23. Element Fleet Management has a 12 month low of $15.35 and a 12 month high of $21.62.

Element Fleet Management Company Profile

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.