Short Interest in Tecsys Inc. (OTCMKTS:TCYSF) Drops By 44.0%

Tecsys Inc. (OTCMKTS:TCYSFGet Free Report) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 62,562 shares, a drop of 44.0% from the May 14th total of 111,688 shares. Based on an average daily trading volume, of 1,118 shares, the days-to-cover ratio is presently 56.0 days.

Tecsys Price Performance

TCYSF stock opened at $26.27 on Friday. Tecsys has a 12 month low of $16.92 and a 12 month high of $29.71. The company’s 50-day moving average price is $24.73 and its two-hundred day moving average price is $22.10.

Tecsys Company Profile

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Tecsys Inc is a Canadian software company specializing in supply chain management solutions for healthcare organizations, third?party logistics providers and distribution?intensive enterprises. The company offers a suite of modular applications designed to optimize inventory management, order fulfillment and warehouse operations, helping clients improve accuracy, reduce waste and enhance service levels.

The company’s flagship products include warehouse management, inventory control, order management and RFID?enabled traceability systems.

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