Elis SA (OTCMKTS:ELSSF) Sees Significant Decline in Short Interest

Elis SA (OTCMKTS:ELSSF) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 4,100 shares, a decrease of 97.1% from the November 30th total of 142,700 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 8.2 days.

Elis Stock Performance

Elis stock remained flat at $19.80 during mid-day trading on Friday. The business’s fifty day simple moving average is $21.19 and its 200 day simple moving average is $22.15. Elis has a 12 month low of $19.80 and a 12 month high of $25.28.

About Elis

Elis SA provides flat linen, workwear, and hygiene and well-being solutions in France, Central Europe, Scandinavia, Eastern Europe, the United Kingdom, Ireland, Latin America, Southern Europe, and internationally. The company offers table, bed, kitchen, patient, and bath linens; workwear and personal protective equipment; beverage solutions, such as water coolers and accessories, cups and bottles, and coffee machines; floor protection mats and mops; industrial wipers; and pest and rodent control, insect control, or disinfection services.