Wendel (OTCMKTS:WNDLF – Get Free Report) saw a large growth in short interest in August. As of August 15th, there was short interest totaling 4,600 shares, agrowthof100.0% from the July 31st total of 2,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 46.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 46.0 days.
Wendel Stock Performance
Wendel stock opened at $94.81 on Friday. Wendel has a one year low of $86.85 and a one year high of $100.53. The business has a 50 day simple moving average of $96.43 and a 200 day simple moving average of $96.31.
Wall Street Analyst Weigh In
Separately, Citigroup reissued a “buy” rating on shares of Wendel in a report on Wednesday, June 18th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy”.
About Wendel
Wendel is a private equity firm specializing in equity financing in middle markets and later stages through leveraged buy-out and transactions and acquisitions. It invests in both listed and non-listed companies. The firm typically invests in technology services and software, business services, healthcare, and industrial technology.
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