Rexel S.A. (OTCMKTS:RXLSF) Short Interest Up 30.2% in April

Rexel S.A. (OTCMKTS:RXLSF) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 451,206 shares, an increase of 30.2% from the March 31st total of 346,591 shares. Based on an average trading volume of 343 shares, the short-interest ratio is presently 1,315.5 days.

Rexel Price Performance

Shares of RXLSF remained flat at $40.25 during midday trading on Friday. 80 shares of the company’s stock traded hands, compared to its average volume of 1,040. The firm has a 50 day simple moving average of $41.03 and a 200 day simple moving average of $39.06. Rexel has a twelve month low of $26.90 and a twelve month high of $46.33.

About Rexel

Rexel is a global distributor of electrical supplies and services, specializing in the professional multichannel distribution of electrical products. The company serves a wide range of end markets, including residential, commercial, industrial and infrastructure customers, offering solutions for energy management, automation, control and renewable energy integration.

Its product portfolio spans wiring and cables, lighting, switchgear and control devices, HVAC systems, and smart building technologies.