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

Wacker Neuson SE (OTCMKTS:WKRCF) was the target of a large decrease in short interest in the month of March. As of March 31st, there was short interest totaling 28,662 shares, a decrease of 22.4% from the March 15th total of 36,944 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Wacker Neuson Price Performance

WKRCF stock opened at $22.59 on Friday. The firm has a fifty day moving average price of $22.74 and a 200 day moving average price of $23.90. Wacker Neuson has a fifty-two week low of $20.31 and a fifty-two week high of $30.00.

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.