Rexel S.A. (OTCMKTS:RXEEY) Short Interest Update

Rexel S.A. (OTCMKTS:RXEEY) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 400 shares, a decline of 63.6% from the December 15th total of 1,100 shares. Based on an average daily trading volume, of 26,600 shares, the days-to-cover ratio is currently 0.0 days.

Rexel Price Performance

Shares of OTCMKTS:RXEEY traded up $0.19 on Monday, reaching $25.11. The company’s stock had a trading volume of 14,600 shares, compared to its average volume of 9,600. Rexel has a 52-week low of $22.88 and a 52-week high of $31.35. The stock’s 50-day moving average is $26.43 and its two-hundred day moving average is $26.71.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein raised shares of Rexel from a “market perform” rating to an “outperform” rating in a report on Monday, January 6th.

Rexel Company Profile

Rexel SA, together with its subsidiaries, engages in distribution of low and ultra-low voltage electrical products and services for the residential, commercial, and industrial markets in France, Europe, North America, and Asia-Pacific. The company offers smart cameras, sensors, controllers, and monitoring software; light sources, lights, and control switches; climate control products, including heat pumps, air conditioning, and water heaters; fire alarms, surveillance equipment, access controls devices, and emergency lightings; and connection cables, and switches and routers, as well as enclosures, mounts, and racks.