Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Up 46.7% in July

Atlas Copco AB (OTCMKTS:ATLKY) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totalling 39,900 shares, a growth of 46.7% from the June 30th total of 27,200 shares. Based on an average daily volume of 283,200 shares, the short-interest ratio is currently 0.1 days.

Atlas Copco Price Performance

Shares of Atlas Copco stock traded up $0.11 on Monday, hitting $17.09. 128,700 shares of the company traded hands, compared to its average volume of 396,652. The company has a current ratio of 1.71, a quick ratio of 1.15 and a debt-to-equity ratio of 0.30. Atlas Copco has a 12-month low of $12.33 and a 12-month high of $20.03. The company has a 50-day moving average price of $18.72 and a 200 day moving average price of $17.64.

Atlas Copco (OTCMKTS:ATLKY) last issued its earnings results on Thursday, July 18th. The industrial products company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01. The company had revenue of $4.19 billion for the quarter. Atlas Copco had a return on equity of 30.45% and a net margin of 16.59%. As a group, equities research analysts predict that Atlas Copco will post 0.58 EPS for the current year.

Atlas Copco Company Profile

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.