Wacker Neuson SE (OTCMKTS:WKRCF) Sees Significant Increase in Short Interest

Wacker Neuson SE (OTCMKTS:WKRCF) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 25,830 shares, an increase of 38.2% from the November 30th total of 18,690 shares. Based on an average trading volume of 12 shares, the days-to-cover ratio is presently 2,152.5 days. Based on an average trading volume of 12 shares, the days-to-cover ratio is presently 2,152.5 days.

Wacker Neuson Stock Performance

Wacker Neuson stock opened at $22.23 on Wednesday. The company has a 50-day moving average price of $23.69 and a 200 day moving average price of $26.41. Wacker Neuson has a 12-month low of $20.31 and a 12-month high of $30.00.

Wacker Neuson Company Profile

Wacker Neuson Group (OTCMKTS: WKRCF) is a Germany-based manufacturer of compact construction equipment and light machinery, tracing its heritage to an engineering workshop founded in 1848. The modern entity took shape in 2007 through the merger of Wacker Construction Equipment and Neuson Kramer, establishing Wacker Neuson SE with headquarters in Munich and operations spanning multiple international markets.

The company’s product portfolio is organized into two main divisions. The Light Equipment segment provides vibratory rammers, plates, trench rollers, concrete technology solutions such as trowels and pumps, as well as power generators and light towers for construction site support.