Husqvarna AB (publ) (OTCMKTS:HSQVY) Short Interest Up 55.7% in October

Husqvarna AB (publ) (OTCMKTS:HSQVY) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 39,400 shares, a growth of 55.7% from the October 15th total of 25,300 shares. Based on an average daily volume of 65,400 shares, the days-to-cover ratio is currently 0.6 days.

Husqvarna AB (publ) Stock Performance

OTCMKTS HSQVY traded up $0.03 during trading on Thursday, hitting $11.73. The stock had a trading volume of 92,784 shares, compared to its average volume of 26,227. The firm has a 50 day moving average price of $13.02 and a 200 day moving average price of $14.60. Husqvarna AB has a twelve month low of $11.62 and a twelve month high of $18.10.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last posted its earnings results on Wednesday, October 23rd. The company reported ($0.05) earnings per share for the quarter. The company had revenue of $934.91 million during the quarter.

About Husqvarna AB (publ)

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and lawn care power equipment. It operates through three divisions: Husqvarna Forest & Garden; Gardena; and Husqvarna Construction. The Husqvarna Forest & Garden division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts.