Short Interest in AB Electrolux (publ) (OTCMKTS:ELRXF) Rises By 126.5%

AB Electrolux (publ) (OTCMKTS:ELRXF) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 4,128,844 shares, a growth of 126.5% from the June 30th total of 1,822,919 shares. Based on an average daily volume of 62 shares, the days-to-cover ratio is currently 66,594.3 days.

AB Electrolux (publ) Price Performance

OTCMKTS:ELRXF remained flat at $2.41 during midday trading on Tuesday. The business’s 50 day moving average price is $3.24 and its 200 day moving average price is $5.67. AB Electrolux has a fifty-two week low of $2.41 and a fifty-two week high of $9.62.

About AB Electrolux (publ)

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances worldwide. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories. It also provides hobs, ovens, and hoods; and tumble dryers. The company offers its products under the Electrolux, AEG, and Frigidaire brands through retailers, buying groups, and independent stores.