ElringKlinger AG (OTCMKTS:ELLRY) Sees Large Growth in Short Interest

ElringKlinger AG (OTCMKTS:ELLRYGet Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 345 shares, an increase of 17,150.0% from the June 30th total of 2 shares. Based on an average daily trading volume, of 282 shares, the days-to-cover ratio is currently 1.2 days.

ElringKlinger Price Performance

Shares of ElringKlinger stock opened at $2.66 on Friday. The stock’s fifty day moving average is $3.19 and its two-hundred day moving average is $2.85. ElringKlinger has a 52 week low of $2.40 and a 52 week high of $3.40.

About ElringKlinger

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ElringKlinger AG (OTCMKTS: ELLRY) is a Germany-based automotive supplier specializing in lightweight and sealing technology for combustion engines, transmissions and exhaust systems. The company’s core offerings include high-precision cylinder-head gaskets, molded gaskets, shielding and insulation components designed to optimize thermal and acoustic performance. Over the years, ElringKlinger has expanded its portfolio to encompass complete exhaust gas turbocharger modules and advanced solutions for exhaust aftertreatment.

In response to the industry shift toward electrification, ElringKlinger has developed a range of products and assemblies for battery electric vehicles and fuel cell applications.

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