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

AB Volvo (publ) (OTCMKTS:VOLVF) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 2,878,300 shares, a growth of 38.2% from the December 31st total of 2,083,000 shares. Based on an average daily volume of 2,600 shares, the days-to-cover ratio is presently 1,107.0 days.

AB Volvo (publ) Trading Down 3.5 %

Shares of OTCMKTS:VOLVF opened at C$27.73 on Friday. AB Volvo has a 1 year low of C$23.55 and a 1 year high of C$30.30. The firm has a fifty day moving average price of C$25.40 and a 200 day moving average price of C$25.53.

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.