Rexel S.A. (OTCMKTS:RXLSF) Short Interest Update

Rexel S.A. (OTCMKTS:RXLSF – Get Rating) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 5,600 shares, a decrease of 44.0% from the March 15th total of 10,000 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 56.0 days.

Shares of Rexel stock remained flat at $$19.18 during trading on Friday. The firm’s 50-day moving average price is $20.65 and its 200-day moving average price is $20.64. Rexel has a 1 year low of $18.47 and a 1 year high of $23.70.

Separately, AlphaValue upgraded shares of Rexel to a “reduce” rating in a research report on Monday, February 21st.

Rexel Company Profile (Get Rating)

Rexel SA, together with its subsidiaries, engages in the distribution of electrical products and services for the residential, commercial, and industrial energy markets worldwide. It operates through Europe, North America, and Asia-Pacific segments. 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.

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