Element Fleet Management Corp. (OTCMKTS:ELEEF) Short Interest Down 6.7% in October

Element Fleet Management Corp. (OTCMKTS:ELEEF) was the target of a large decrease in short interest in 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 daily volume of 44,300 shares, the days-to-cover ratio is presently 72.8 days.

Element Fleet Management Trading Up 2.6 %

Shares of Element Fleet Management stock opened at $20.74 on Wednesday. The company has a 50 day simple moving average of $20.88 and a two-hundred day simple moving average of $19.36. Element Fleet Management has a 1 year low of $15.14 and a 1 year high of $21.62.

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.