Short Interest in Atlas Copco AB (OTCMKTS:ATLKY) Drops By 44.7%

Atlas Copco AB (OTCMKTS:ATLKY) was the target of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 8,800 shares, a decrease of 44.7% from the October 15th total of 15,900 shares. Based on an average daily trading volume, of 657,600 shares, the short-interest ratio is currently 0.0 days.

Atlas Copco Stock Performance

Shares of OTCMKTS ATLKY opened at $16.15 on Wednesday. Atlas Copco has a 1 year low of $13.84 and a 1 year high of $20.03. The company has a 50 day simple moving average of $17.71 and a 200-day simple moving average of $18.09. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.02 and a current ratio of 1.56.

Atlas Copco (OTCMKTS:ATLKY) last issued its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Atlas Copco had a return on equity of 29.00% and a net margin of 16.37%. The business had revenue of $4.14 billion for the quarter. On average, analysts anticipate that Atlas Copco will post 0.57 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.