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

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

Bechtle Stock Performance

Shares of BECTY opened at $6.30 on Tuesday. Bechtle has a twelve month low of $6.30 and a twelve month high of $11.19. The firm’s 50-day moving average is $6.83 and its two-hundred day moving average is $7.81.

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.