AB Volvo (publ) (OTCMKTS:VOLVF) Sees Large Decline in Short Interest

AB Volvo (publ) (OTCMKTS:VOLVF) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 2,372,000 shares, a decline of 16.7% from the June 15th total of 2,848,800 shares. Based on an average trading volume of 700 shares, the short-interest ratio is presently 3,388.6 days.

AB Volvo (publ) Trading Up 2.4 %

VOLVF stock opened at C$25.20 on Friday. AB Volvo has a twelve month low of C$19.15 and a twelve month high of C$30.30. The firm’s fifty day simple moving average is C$26.19 and its two-hundred day simple moving average is C$26.21.

About AB Volvo (publ)

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands.