Rexel S.A. (OTCMKTS:RXLSF) Short Interest Up 33.6% in March

Rexel S.A. (OTCMKTS:RXLSF) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 187,800 shares, an increase of 33.6% from the March 15th total of 140,600 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 469.5 days.

Rexel Stock Performance

Shares of RXLSF stock opened at $24.96 on Friday. The firm’s fifty day moving average price is $26.80 and its two-hundred day moving average price is $26.68. Rexel has a 1 year low of $22.41 and a 1 year high of $31.60.

About Rexel

Rexel SA, together with its subsidiaries, engages in distribution of low and ultra-low voltage electrical products and services for the residential, commercial, and industrial markets in France, Europe, North America, and Asia-Pacific. The company offers smart cameras, sensors, controllers, and monitoring software; light sources, lights, and control switches; climate control products, including heat pumps, air conditioning, and water heaters; fire alarms, surveillance equipment, access controls devices, and emergency lightings; and connection cables, and switches and routers, as well as enclosures, mounts, and racks.