Short Interest in Aquafil S.p.A. (OTCMKTS:ECNLF) Declines By 25.0%

Aquafil S.p.A. (OTCMKTS:ECNLF) was the target of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 218,000 shares, a drop of 25.0% from the January 15th total of 290,800 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Aquafil Stock Performance

Aquafil stock remained flat at $1.30 during midday trading on Friday. The firm has a 50 day moving average of $1.30 and a 200-day moving average of $2.15. Aquafil has a one year low of $1.30 and a one year high of $2.29.

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.