INDUS Holding AG (OTCMKTS:INDHF) Stock Short Interest Rises 510.1%

INDUS Holding AG (OTCMKTS:INDHF) saw a large growth in short interest in October. As of October 30th, there was short interest totaling 8,004 shares, a growth of 510.1% from the October 15th total of 1,312 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

INDUS Price Performance

Shares of INDHF stock remained flat at C$45.08 during trading hours on Thursday. INDUS has a one year low of C$42.94 and a one year high of C$45.08. The company’s 50-day simple moving average is C$39.98 and its two-hundred day simple moving average is C$32.65.

About INDUS

INDUS Holding AG is a Germany-based investment holding company that acquires and develops small and midsize industrial businesses. Rather than operating as a single-product manufacturer, it supports a portfolio of independently managed companies with long-term ownership and strategic guidance. The group’s activities span engineering, infrastructure and materials solutions. Its portfolio companies produce specialized industrial products and provide related services, including equipment and components for manufacturing, construction and infrastructure applications.