Short Interest in Volkswagen AG (OTCMKTS:VWAPY) Grows By 420.8%

Volkswagen AG (OTCMKTS:VWAPY) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 122,900 shares, an increase of 420.8% from the September 30th total of 23,600 shares. Based on an average daily trading volume, of 360,700 shares, the days-to-cover ratio is presently 0.3 days.

Volkswagen Trading Up 2.7 %

OTCMKTS:VWAPY traded up 0.26 during mid-day trading on Friday, reaching 9.99. The stock had a trading volume of 449,600 shares, compared to its average volume of 409,312. The business’s 50 day moving average is 10.26 and its 200 day moving average is 11.36. Volkswagen has a fifty-two week low of 9.68 and a fifty-two week high of 13.92.

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.