Volkswagen AG (OTCMKTS:VWAPY) Sees Significant Increase in Short Interest

Volkswagen AG (OTCMKTS:VWAPY) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 31,300 shares, a growth of 86.3% from the February 29th total of 16,800 shares. Based on an average trading volume of 410,000 shares, the days-to-cover ratio is currently 0.1 days.

Volkswagen Stock Up 0.8 %

Shares of Volkswagen stock opened at 13.17 on Thursday. The stock’s fifty day moving average is 12.75 and its two-hundred day moving average is 12.05. Volkswagen has a 52 week low of 10.37 and a 52 week high of 14.30.

About Volkswagen

Volkswagen AG manufactures and sells automobiles in Germany, Europe, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; produces and sells passenger cars and light commercial vehicles, and related parts; and offers motorcycles.