Volkswagen AG (OTCMKTS:VWAGY) Short Interest Update

Volkswagen AG (OTCMKTS:VWAGYGet Free Report) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 453,500 shares, a growth of 25.3% from the February 29th total of 361,900 shares. Based on an average daily trading volume, of 525,000 shares, the days-to-cover ratio is presently 0.9 days.

Volkswagen Price Performance

VWAGY opened at $15.25 on Friday. Volkswagen has a fifty-two week low of $11.16 and a fifty-two week high of $17.53. The firm has a 50 day simple moving average of $14.55 and a 200 day simple moving average of $13.47.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on VWAGY. BNP Paribas upgraded shares of Volkswagen from an “underperform” rating to a “neutral” rating in a research note on Wednesday, December 13th. Redburn Atlantic began coverage on shares of Volkswagen in a report on Wednesday, January 24th. They issued a “sell” rating for the company. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

View Our Latest Report on VWAGY

Volkswagen Company Profile

(Get Free Report)

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; and production and sale of passenger cars and light commercial vehicles, and related parts.

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