Element Fleet Management Corp. (OTCMKTS:ELEEF) Short Interest Up 8.0% in September

Element Fleet Management Corp. (OTCMKTS:ELEEF) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 3,237,600 shares, an increase of 8.0% from the September 15th total of 2,997,400 shares. Based on an average daily trading volume, of 33,800 shares, the short-interest ratio is currently 95.8 days.

Element Fleet Management Price Performance

OTCMKTS ELEEF opened at $21.40 on Friday. Element Fleet Management has a one year low of $13.51 and a one year high of $21.62. The company’s 50-day simple moving average is $20.64 and its two-hundred day simple moving average is $18.59.

About Element Fleet Management

Element Fleet Management Corp. operates as a fleet management company primarily in Canada, Mexico, Australia, and New Zealand. The company offers end-to-end fleet cars, trucks, and material handling support equipment acquisition; and end-to-end electric vehicle fleet including fleet planning, charging infrastructure solutions, acquisition, financing, maintenance, and remarketing.