Short Interest in AB Volvo (publ) (OTCMKTS:VOLVF) Expands By 24.0%

AB Volvo (publ) (OTCMKTS:VOLVF) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 2,332,000 shares, a growth of 24.0% from the March 31st total of 1,880,000 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is presently 583.0 days.

AB Volvo (publ) Price Performance

OTCMKTS VOLVF opened at C$26.15 on Friday. AB Volvo has a 1-year low of C$18.65 and a 1-year high of C$30.30. The firm’s fifty day simple moving average is C$27.63 and its 200-day simple moving average is C$24.61.

About AB Volvo (publ)

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.