Wajax Co. (OTCMKTS:WJXFF) Short Interest Update

Wajax Co. (OTCMKTS:WJXFFGet Rating) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 50,300 shares, a growth of 130.7% from the March 31st total of 21,800 shares. Based on an average daily trading volume, of 3,000 shares, the short-interest ratio is presently 16.8 days.

Shares of OTCMKTS:WJXFF opened at $15.11 on Friday. Wajax has a 52 week low of $14.80 and a 52 week high of $24.10. The company has a 50-day moving average price of $16.26 and a 200 day moving average price of $18.23.

Several equities research analysts have recently weighed in on WJXFF shares. BMO Capital Markets decreased their target price on shares of Wajax from C$25.00 to C$23.00 in a research note on Wednesday, March 9th. Scotiabank decreased their target price on shares of Wajax from C$30.00 to C$28.00 in a research note on Wednesday, March 9th. Finally, TD Securities decreased their target price on shares of Wajax from C$34.00 to C$27.00 in a research note on Wednesday, March 9th.

About Wajax (Get Rating)

Wajax Corporation provides sales, parts, and services to construction, forestry, mining, industrial/commercial, oil sands, transportation, metal processing, government, utilities, and oil and gas sectors. The company offers compact excavators, dump trucks, excavators, wheel loaders, and wheeled excavators; aerial devices, boom lifts, cranes, digger derricks, drills, lifts, and material and scissor lifts; engines and transmissions; and feller bunchers, felling heads, flail debarkers, forestry processors, forwarders, grinders, log loaders, skidders, track and wheel harvesters, and wood chippers.

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