Bechtle AG (OTCMKTS:BECTY) Short Interest Down 87.5% in January

Bechtle AG (OTCMKTS:BECTY) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 100 shares, a decline of 87.5% from the December 31st total of 800 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 0.5 days.

Bechtle Stock Performance

Shares of Bechtle stock remained flat at $6.45 during trading on Thursday. The company has a 50-day simple moving average of $6.66 and a two-hundred day simple moving average of $7.59. Bechtle has a twelve month low of $6.26 and a twelve month high of $11.19.

Bechtle Company Profile

Bechtle AG provides information technology (IT) services primarily in Europe. The company operates through two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting, hardware and software, project planning and implementation, system integration, IT, and training services for IT operation.