Element Fleet Management Corp. (OTCMKTS:ELEEF) Short Interest Update

Element Fleet Management Corp. (OTCMKTS:ELEEF) was the recipient of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 2,254,800 shares, a growth of 12.5% from the May 15th total of 2,005,000 shares. Based on an average daily volume of 52,100 shares, the short-interest ratio is currently 43.3 days.

Element Fleet Management Stock Down 2.1 %

Element Fleet Management stock traded down $0.38 during trading on Tuesday, hitting $17.35. The company had a trading volume of 168 shares, compared to its average volume of 30,603. Element Fleet Management has a 1-year low of $13.51 and a 1-year high of $18.23. The company’s 50 day simple moving average is $16.90 and its 200-day simple moving average is $16.62.

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.