AB Volvo (publ) (OTCMKTS:VOLVF) Short Interest Update

AB Volvo (publ) (OTCMKTS:VOLVF) was the target of a large increase in short interest in 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 presently 4,788.0 days.

AB Volvo (publ) Stock Performance

AB Volvo (publ) stock traded up C$0.36 during mid-day trading on Monday, hitting C$24.85. 4,800 shares of the company were exchanged, compared to its average volume of 1,662. AB Volvo has a 1-year low of C$19.15 and a 1-year high of C$30.30. The business has a fifty day moving average of C$25.41 and a 200 day moving average of 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.