Volkswagen AG (OTCMKTS:VWAPY) Sees Large Increase in Short Interest

Volkswagen AG (OTCMKTS:VWAPY) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 117,400 shares, an increase of 1,018.1% from the October 31st total of 10,500 shares. Based on an average daily trading volume, of 632,800 shares, the short-interest ratio is currently 0.2 days.

Volkswagen Price Performance

Volkswagen stock traded up 0.02 during mid-day trading on Thursday, reaching 8.44. 178,600 shares of the company’s stock were exchanged, compared to its average volume of 397,740. Volkswagen has a twelve month low of 8.36 and a twelve month high of 13.92. The company has a fifty day moving average of 9.61 and a 200-day moving average of 10.72.

Volkswagen Company Profile

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.