Exco Technologies Limited (OTCMKTS:EXCOF – Get Rating) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 65,700 shares, a growth of 71.5% from the March 31st total of 38,300 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 328.5 days.
Separately, BMO Capital Markets dropped their price objective on shares of Exco Technologies from C$11.00 to C$10.00 in a research note on Thursday, February 3rd.
OTCMKTS:EXCOF opened at $6.75 on Friday. Exco Technologies has a one year low of $6.42 and a one year high of $9.12. The company’s 50-day simple moving average is $7.20 and its 200 day simple moving average is $7.52.
Exco Technologies Limited, together with its subsidiaries, designs, develops, and manufactures dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions. The Casting and Extrusion segment designs, develops, and manufactures tooling and consumable parts for aluminum die-casting and aluminum extrusion machines.
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