Aquafil S.p.A. (OTCMKTS:ECNLF) Short Interest Update

Aquafil S.p.A. (OTCMKTS:ECNLF) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 23,306 shares, a drop of 45.3% from the May 14th total of 42,640 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Aquafil Price Performance

OTCMKTS:ECNLF opened at $1.47 on Friday. Aquafil has a fifty-two week low of $1.35 and a fifty-two week high of $2.20. The firm’s fifty day simple moving average is $1.47 and its 200-day simple moving average is $1.87.

About Aquafil

Aquafil S.p.A. (OTCMKTS: ECNLF) is an Italy-based manufacturer specializing in the production of polyamide (nylon) polymers and synthetic fibers. Headquartered in Arco, Trentino, the company designs and supplies raw materials and intermediate products for a wide range of industries, including textile, fashion, carpet, automotive, and industrial applications. Aquafil’s core operations revolve around the polymerization of caprolactam to produce Nylon 6, which serves as the foundation for its fiber extrusion and yarn spinning processes.

One of Aquafil’s signature offerings is its ECONYL® Regeneration System, a circular-economy initiative that recycles nylon waste—such as discarded fishing nets, fabric scraps and old carpets—into regenerated nylon yarn.