AB Volvo (publ) (OTCMKTS:VOLVF) Short Interest Down 34.1% in October

AB Volvo (publ) (OTCMKTS:VOLVF) was the target of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 2,220,900 shares, a decline of 34.1% from the October 15th total of 3,371,600 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is currently 1,388.1 days.

AB Volvo (publ) Stock Performance

OTCMKTS:VOLVF opened at C$24.45 on Friday. AB Volvo has a 52-week low of C$21.35 and a 52-week high of C$30.30. The stock’s 50 day moving average price is C$25.74 and its 200 day moving average price is C$25.86.

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.