WillScot Co. (NASDAQ:WSC) was the target of a large increase in short interest in the month of December. As of December 29th, there was short interest totalling 2,323,065 shares, an increase of 58.8% from the December 15th total of 1,463,085 shares. Based on an average daily volume of 162,586 shares, the days-to-cover ratio is presently 14.3 days. Currently, 4.7% of the company’s shares are sold short.
WillScot (NASDAQ:WSC) opened at $12.80 on Friday. WillScot has a twelve month low of $9.45 and a twelve month high of $13.20.
In other WillScot news, major shareholder Holding S.A R.L. Sapphire purchased 43,268,901 shares of the stock in a transaction dated Wednesday, November 29th. The stock was acquired at an average cost of $9.60 per share, for a total transaction of $415,381,449.60. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.
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WillScot Company Profile
Williams Scotsman International, Inc provides mobile and modular space solutions for the construction, education, commercial, healthcare, and government markets in North America. It offers delivery and installation services, as well as sells new and used mobile office products. The company also provides products ranging from construction office or storage containers to a multi-story high-tech medical services building.
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