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

AB Volvo (publ) (OTCMKTS:VOLVF) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 3,830,400 shares, an increase of 21.5% from the August 15th total of 3,151,900 shares. Based on an average daily trading volume, of 800 shares, the short-interest ratio is currently 4,788.0 days.

AB Volvo (publ) Trading Up 1.5 %

VOLVF traded up C$0.36 during trading on Monday, hitting C$24.85. The company’s stock had a trading volume of 4,800 shares, compared to its average volume of 1,662. AB Volvo has a twelve month low of C$19.15 and a twelve month high of C$30.30. The firm’s 50 day moving average price is C$25.41 and its 200-day moving average price is C$26.42.

AB Volvo (publ) Company Profile

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.