Aquafil S.p.A. (OTCMKTS:ECNLF) Sees Large Increase in Short Interest

Aquafil S.p.A. (OTCMKTS:ECNLF) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 122,300 shares, a growth of 50.1% from the November 30th total of 81,500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Aquafil Price Performance

Shares of ECNLF stock remained flat at $1.30 during mid-day trading on Friday. Aquafil has a 1-year low of $1.30 and a 1-year high of $2.29. The business’s fifty day moving average price is $1.74 and its 200-day moving average price is $2.68.

Aquafil Company Profile

Aquafil S.p.A., together with its subsidiaries, engages in the production, reprocessing, and sale of polyamide 6 fibers and polymers in Europe, the Middle East, Africa, Asia, Oceania, and the United States. The company offers bulk continuous filament or synthetic yarns for the textile flooring sector, as well as used in hotels, airports, offices, etc., and residential buildings and the automotive market; nylon textile filaments for sportswear, classic, and technical or specialist apparels; and polymers products or plastic raw materials primarily for engineering plastics sector for use in molding industry, as well as manufactures and sells polymers for use in accessories in the fashion and designer furniture industries.