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

Volkswagen AG (OTCMKTS:VWAPY) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 31,300 shares, a growth of 86.3% from the February 29th total of 16,800 shares. Based on an average trading volume of 410,000 shares, the days-to-cover ratio is presently 0.1 days.

Volkswagen Stock Performance

OTCMKTS VWAPY opened at 13.22 on Friday. The stock has a fifty day simple moving average of 12.78 and a 200 day simple moving average of 12.06. Volkswagen has a twelve month low of 10.37 and a twelve month high of 14.30.

About Volkswagen

Volkswagen AG manufactures and sells automobiles in Germany, Europe, 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. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; produces and sells passenger cars and light commercial vehicles, and related parts; and offers motorcycles.