Iveco Group (OTCMKTS:IVCGF) Sees Large Growth in Short Interest

Iveco Group (OTCMKTS:IVCGF) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,690,900 shares, a growth of 33.5% from the February 28th total of 1,266,300 shares. Based on an average daily volume of 8,400 shares, the short-interest ratio is presently 201.3 days.

Iveco Group Stock Down 5.1 %

Shares of OTCMKTS IVCGF traded down $0.88 during midday trading on Monday, reaching $16.28. The company’s stock had a trading volume of 1,516 shares, compared to its average volume of 3,619. Iveco Group has a one year low of $9.16 and a one year high of $18.62. The company has a 50 day moving average price of $15.25 and a 200 day moving average price of $11.86.

Iveco Group Company Profile

Iveco Group N.V. engages in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense, and other applications worldwide. The company operates through three segments: Commercial and Specialty Vehicles, Powertrain, and Financial Services.