Element Fleet Management Corp. (OTCMKTS:ELEEF) Sees Significant Decrease in Short Interest

Element Fleet Management Corp. (OTCMKTS:ELEEFGet Free Report) was the recipient of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 2,428,800 shares, a decline of 24.7% from the October 31st total of 3,223,700 shares. Based on an average trading volume of 77,600 shares, the days-to-cover ratio is currently 31.3 days.

Element Fleet Management Stock Down 0.2 %

Element Fleet Management stock traded down $0.04 during midday trading on Friday, reaching $21.27. 81,498 shares of the company traded hands, compared to its average volume of 43,240. Element Fleet Management has a 12 month low of $15.30 and a 12 month high of $21.62. The business has a 50 day moving average of $20.95 and a two-hundred day moving average of $19.63.

About Element Fleet Management

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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.

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