Short Interest in Husqvarna AB (publ) (OTCMKTS:HUSQF) Rises By 5.2%

Husqvarna AB (publ) (OTCMKTS:HUSQF) was the target of a large growth in short interest in August. As of August 15th, there was short interest totalling 1,869,600 shares, a growth of 5.2% from the July 31st total of 1,778,000 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is presently 3,739.2 days.

Husqvarna AB (publ) Price Performance

HUSQF opened at $8.56 on Thursday. Husqvarna AB has a 12 month low of $5.60 and a 12 month high of $9.76. The firm’s fifty day simple moving average is $8.75 and its 200 day simple moving average is $8.60.

About Husqvarna AB (publ)

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and lawn care power equipment. It operates through three divisions: Husqvarna Forest & Garden, Gardena, and Husqvarna Construction. The Husqvarna Forest & Garden division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts.