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

Volkswagen AG (OTCMKTS:VWAPY) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 162,700 shares, an increase of 295.9% from the January 31st total of 41,100 shares. Based on an average trading volume of 254,100 shares, the days-to-cover ratio is presently 0.6 days.

Volkswagen Trading Down 1.4 %

OTCMKTS:VWAPY opened at $10.73 on Friday. Volkswagen has a 52 week low of $8.36 and a 52 week high of $13.92. The firm has a 50-day moving average price of $9.72 and a two-hundred day moving average price of $9.71.

About Volkswagen

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, 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.