Short Interest in Element Fleet Management Corp. (OTCMKTS:ELEEF) Drops By 6.7%

Element Fleet Management Corp. (OTCMKTS:ELEEF) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 3,223,700 shares, a decrease of 6.7% from the October 15th total of 3,454,300 shares. Based on an average trading volume of 44,300 shares, the short-interest ratio is currently 72.8 days.

Element Fleet Management Price Performance

Shares of OTCMKTS:ELEEF opened at $20.22 on Tuesday. Element Fleet Management has a 52-week low of $15.14 and a 52-week high of $21.62. The stock has a 50 day moving average price of $20.89 and a 200-day moving average price of $19.34.

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.