AB Volvo (publ) (OTCMKTS:VOLVF) Short Interest Up 65.2% in May

AB Volvo (publ) (OTCMKTS:VOLVFGet Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 3,121,700 shares, an increase of 65.2% from the April 30th total of 1,889,800 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is currently 1,734.3 days.

AB Volvo (publ) Price Performance

Shares of VOLVF stock opened at C$27.15 on Friday. AB Volvo has a 52 week low of C$18.67 and a 52 week high of C$30.30. The firm’s 50-day simple moving average is C$26.79 and its two-hundred day simple moving average is C$25.65.

AB Volvo (publ) Company Profile

(Get Free Report)

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands.

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