Aquafil S.p.A. (OTCMKTS:ECNLF) Sees Large Increase in Short Interest

Aquafil S.p.A. (OTCMKTS:ECNLF) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 442,700 shares, a growth of 103.1% from the January 31st total of 218,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Aquafil Stock Performance

OTCMKTS ECNLF remained flat at $1.30 during trading on Friday. Aquafil has a one year low of $1.30 and a one year high of $2.29. The firm’s 50 day simple moving average is $1.30 and its 200-day simple moving average is $2.01.

Aquafil Company Profile

Aquafil S.p.A., together with its subsidiaries, engages in the production, reprocessing, and sale of polyamide 6 fibers and polymers in Europe, the Middle East, Africa, Asia, Oceania, and the United States. The company offers bulk continuous filament or synthetic yarns for the textile flooring sector, as well as used in hotels, airports, offices, etc., and residential buildings and the automotive market; nylon textile filaments for sportswear, classic, and technical or specialist apparels; and polymers products or plastic raw materials primarily for engineering plastics sector for use in molding industry, as well as manufactures and sells polymers for use in accessories in the fashion and designer furniture industries.