Short Interest in Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) Expands By 71.9%

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) saw a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 953,200 shares, anincreaseof71.9% from the July 31st total of 554,600 shares. Based on an average trading volume of 538,300 shares, the short-interest ratio is currently 1.8 days. Based on an average trading volume of 538,300 shares, the short-interest ratio is currently 1.8 days.

Volkswagen Price Performance

Shares of OTCMKTS VWAGY opened at $11.83 on Friday. The company has a 50 day simple moving average of $11.34 and a 200-day simple moving average of $11.04. The company has a market capitalization of $59.30 billion, a P/E ratio of 6.54, a P/E/G ratio of 0.74 and a beta of 1.27. Volkswagen has a 1 year low of $8.57 and a 1 year high of $12.29.

Volkswagen (OTCMKTS:VWAGY) last announced its quarterly earnings results on Friday, July 25th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.08). The firm had revenue of $94.79 billion for the quarter, compared to analyst estimates of $76.90 billion. Volkswagen had a return on equity of 4.21% and a net margin of 2.57%. As a group, research analysts expect that Volkswagen will post 2.53 EPS for the current year.

Volkswagen Company Profile

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.