AB Volvo (publ) (OTCMKTS:VOLVF) Short Interest Up 38.2% in December

AB Volvo (publ) (OTCMKTS:VOLVFGet Free Report) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 2,878,300 shares, a growth of 38.2% from the December 15th total of 2,083,000 shares. Based on an average daily volume of 2,600 shares, the short-interest ratio is currently 1,107.0 days.

AB Volvo (publ) Stock Performance

Shares of OTCMKTS VOLVF opened at C$25.04 on Friday. AB Volvo has a 52 week low of C$23.25 and a 52 week high of C$30.30. The business has a 50-day simple moving average of C$24.99 and a two-hundred day simple moving average of C$25.44.

AB Volvo (publ) Company Profile

(Get Free Report)

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.

Further Reading

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