Short Interest in Bechtle AG (OTCMKTS:BECTY) Decreases By 87.5%

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

Bechtle Price Performance

Shares of BECTY stock opened at $6.45 on Wednesday. The firm’s 50 day moving average price is $6.67 and its two-hundred day moving average price is $7.60. Bechtle has a fifty-two week low of $6.26 and a fifty-two week 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.