Wacker Neuson SE (OTCMKTS:WKRCF) Sees Large Drop in Short Interest

Wacker Neuson SE (OTCMKTS:WKRCF) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 16,020 shares, a decrease of 32.4% from the January 15th total of 23,692 shares. Based on an average trading volume of 161 shares, the short-interest ratio is currently 99.5 days. Based on an average trading volume of 161 shares, the short-interest ratio is currently 99.5 days.

Wacker Neuson Price Performance

WKRCF opened at $23.00 on Monday. Wacker Neuson has a 1 year low of $20.31 and a 1 year high of $30.00. The firm’s fifty day moving average price is $23.87 and its two-hundred day moving average price is $25.73.

About Wacker Neuson

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.