Bechtle AG (OTCMKTS:BECTY) Sees Large Decrease in Short Interest

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

Bechtle Stock Performance

Shares of OTCMKTS:BECTY remained flat at $6.30 during mid-day trading on Monday. The company had a trading volume of 3 shares, compared to its average volume of 600. The stock’s 50-day moving average price is $6.84 and its 200 day moving average price is $7.84. Bechtle has a 1-year low of $6.30 and a 1-year high of $11.19.

About Bechtle

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.