Iveco Group (OTCMKTS:IVCGF) Sees Significant Increase in Short Interest

Iveco Group (OTCMKTS:IVCGF) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 2,321,700 shares, an increase of 22.8% from the November 30th total of 1,890,600 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is presently 1,451.1 days.

Iveco Group Stock Performance

Shares of IVCGF stock traded up $0.08 during trading hours on Tuesday, reaching $9.69. The company had a trading volume of 385 shares, compared to its average volume of 3,611. The business has a fifty day moving average price of $10.13 and a 200-day moving average price of $10.37. Iveco Group has a one year low of $8.73 and a one year high of $15.86.

About Iveco Group

Iveco Group N.V. engages in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense, and other applications worldwide. The company operates through three segments: Commercial and Specialty Vehicles, Powertrain, and Financial Services.