Husqvarna AB (publ) (OTCMKTS:HUSQF) Sees Large Increase in Short Interest

Husqvarna AB (publ) (OTCMKTS:HUSQF) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 2,116,800 shares, an increase of 6.9% from the November 15th total of 1,980,200 shares. Based on an average daily volume of 7,000 shares, the short-interest ratio is presently 302.4 days.

Husqvarna AB (publ) Stock Down 0.4 %

Shares of OTCMKTS:HUSQF opened at $5.55 on Tuesday. The business has a fifty day simple moving average of $6.09 and a 200 day simple moving average of $6.91. Husqvarna AB has a 12-month low of $5.45 and a 12-month high of $8.56.

Husqvarna AB (publ) Company Profile

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and lawn care power equipment. It operates through three divisions: Husqvarna Forest & Garden; Gardena; and Husqvarna Construction. The Husqvarna Forest & Garden division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts.