Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Up 33.0% in September

Atlas Copco AB (OTCMKTS:ATLKY) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totalling 47,200 shares, a growth of 33.0% from the September 15th total of 35,500 shares. Based on an average trading volume of 224,000 shares, the days-to-cover ratio is presently 0.2 days.

Atlas Copco Stock Performance

Shares of Atlas Copco stock opened at $18.83 on Friday. The company has a fifty day moving average of $17.93 and a 200-day moving average of $18.06. Atlas Copco has a 52-week low of $12.33 and a 52-week high of $20.03. The company has a quick ratio of 1.02, a current ratio of 1.51 and a debt-to-equity ratio of 0.32.

Atlas Copco (OTCMKTS:ATLKY) last announced its quarterly earnings data on Thursday, July 18th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. Atlas Copco had a return on equity of 30.38% and a net margin of 16.59%. The firm had revenue of $4.19 billion for the quarter. Equities analysts forecast that Atlas Copco will post 0.59 EPS for the current fiscal year.

About Atlas Copco

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.