Iveco Group (OTCMKTS:IVCGF) Short Interest Update

Iveco Group (OTCMKTS:IVCGF) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 722,700 shares, a decline of 27.4% from the August 15th total of 996,100 shares. Based on an average trading volume of 6,600 shares, the short-interest ratio is presently 109.5 days. Based on an average trading volume of 6,600 shares, the short-interest ratio is presently 109.5 days.

Analyst Ratings Changes

IVCGF has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Iveco Group in a research report on Monday, July 14th. Oddo Bhf downgraded shares of Iveco Group to a “neutral” rating in a research note on Thursday, July 31st. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Iveco Group currently has an average rating of “Hold”.

Iveco Group Trading Up 0.3%

Iveco Group stock opened at $21.49 on Tuesday. The business’s 50-day simple moving average is $20.91 and its 200 day simple moving average is $18.66. Iveco Group has a 12-month low of $9.31 and a 12-month high of $22.65.

About Iveco Group

Iveco Group N.V. engages in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense, and other applications worldwide. The company operates through three segments: Commercial and Specialty Vehicles, Powertrain, and Financial Services.