Volkswagen AG (OTCMKTS:VWAPY – Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 9,000 shares, a decrease of 28.6% from the May 15th total of 12,600 shares. Based on an average daily trading volume, of 99,700 shares, the short-interest ratio is currently 0.1 days.
Volkswagen Price Performance
Volkswagen stock opened at $10.24 on Tuesday. The company’s 50-day moving average price is $10.67 and its two-hundred day moving average price is $10.20. Volkswagen has a twelve month low of $8.36 and a twelve month high of $12.00.
Volkswagen Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, June 5th. Stockholders of record on Wednesday, May 21st were paid a dividend of $0.4468 per share. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a dividend yield of 3.91%.
About Volkswagen
Volkswagen AG manufactures and sells automobiles in Germany, other European countries, 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.
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