Short Interest in Wacker Neuson SE (OTCMKTS:WKRCF) Increases By 237.3%

Wacker Neuson SE (OTCMKTS:WKRCF) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 19,322 shares, an increase of 237.3% from the June 15th total of 5,729 shares. Based on an average daily volume of 5 shares, the days-to-cover ratio is currently 3,864.4 days.

Wacker Neuson Stock Performance

WKRCF opened at $23.29 on Monday. The firm has a fifty day moving average price of $22.98 and a 200 day moving average price of $23.26. Wacker Neuson has a 1 year low of $20.31 and a 1 year high of $30.00.

Wacker Neuson Company Profile

Wacker Neuson Group (OTCMKTS: WKRCF) is a Germany-based manufacturer of compact construction equipment and light machinery, tracing its heritage to an engineering workshop founded in 1848. The modern entity took shape in 2007 through the merger of Wacker Construction Equipment and Neuson Kramer, establishing Wacker Neuson SE with headquarters in Munich and operations spanning multiple international markets.

The company’s product portfolio is organized into two main divisions. The Light Equipment segment provides vibratory rammers, plates, trench rollers, concrete technology solutions such as trowels and pumps, as well as power generators and light towers for construction site support.