Aquafil S.p.A. (OTCMKTS:ECNLF) Sees Significant Growth in Short Interest

Aquafil S.p.A. (OTCMKTS:ECNLF) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 7,000 shares, a growth of 20.7% from the September 15th total of 5,800 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 35.0 days.

Aquafil Stock Performance

Shares of OTCMKTS ECNLF remained flat at $2.29 during midday trading on Monday. Aquafil has a 52 week low of $2.29 and a 52 week high of $2.29. The firm has a 50-day simple moving average of $3.10 and a 200-day simple moving average of $3.28.

About Aquafil

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.