Short Interest in Linamar Co. (OTCMKTS:LIMAF) Decreases By 17.9%

Linamar Co. (OTCMKTS:LIMAF) was the recipient of a significant drop in short interest in March. As of March 15th, there was short interest totalling 863,800 shares, a drop of 17.9% from the February 28th total of 1,051,500 shares. Based on an average daily trading volume, of 40,700 shares, the short-interest ratio is currently 21.2 days.

Linamar Stock Up 0.5 %

OTCMKTS LIMAF traded up $0.18 during trading hours on Tuesday, hitting $34.80. 2,695 shares of the company’s stock traded hands, compared to its average volume of 25,920. Linamar has a 52-week low of $33.36 and a 52-week high of $54.59. The firm’s 50-day moving average is $37.30 and its 200-day moving average is $41.10.

Linamar Company Profile

Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified and powered vehicle markets.