Volkswagen AG (OTCMKTS:VWAPY) Sees Large Decline in Short Interest

Volkswagen AG (OTCMKTS:VWAPY) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 9,800 shares, a decrease of 82.9% from the February 28th total of 57,300 shares. Based on an average daily trading volume, of 375,100 shares, the days-to-cover ratio is currently 0.0 days.

Volkswagen Stock Down 2.3 %

OTCMKTS VWAPY opened at $10.77 on Thursday. Volkswagen has a 12-month low of $8.36 and a 12-month high of $13.92. The firm’s fifty day simple moving average is $10.57 and its two-hundred day simple moving average is $9.82.

About Volkswagen

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.