Wacker Neuson SE (OTCMKTS:WKRCF) Short Interest Update

Wacker Neuson SE (OTCMKTS:WKRCFGet Rating) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 3,700 shares, a growth of 117.6% from the March 15th total of 1,700 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 37.0 days.

Separately, Jefferies Financial Group upgraded Wacker Neuson from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a research report on Monday, February 21st.

OTCMKTS WKRCF opened at $21.50 on Thursday. Wacker Neuson has a 1 year low of $21.50 and a 1 year high of $35.15. The business’s fifty day moving average is $28.12 and its two-hundred day moving average is $29.83.

Wacker Neuson Company Profile (Get Rating)

Wacker Neuson SE is a holding company, which engages in the manufacture and sale of construction equipment and compact construction machines. It operates through the following segments: Light Equipment, Compact Equipment, and Services. The Light Equipment segment covers the manufacture and sale of light equipment in the business fields of concrete technology, compaction, and worksite technology.

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