Volkswagen AG (OTCMKTS:VWAPY) Short Interest Up 604.6% in December

Volkswagen AG (OTCMKTS:VWAPY) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 1,839 shares, an increase of 604.6% from the December 15th total of 261 shares. Based on an average daily volume of 107,521 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 107,521 shares, the days-to-cover ratio is presently 0.0 days.

Volkswagen Stock Down 1.2%

Volkswagen stock opened at $11.91 on Tuesday. The stock has a 50-day moving average price of $11.73 and a 200 day moving average price of $11.24. Volkswagen has a 52 week low of $8.99 and a 52 week high of $12.72.

About Volkswagen

Volkswagen AG, trading in the U.S. as OTCMKTS:VWAPY, is a leading global automotive manufacturer based in Wolfsburg, Germany. Founded in 1937, the company has grown to become one of the largest automakers in the world by vehicle sales. Volkswagen’s product portfolio spans a diverse range of passenger cars, SUVs and light commercial vehicles under its core Volkswagen brand, as well as premium and luxury offerings through Audi, Porsche, Bentley, Bugatti and Lamborghini. Beyond passenger vehicles, the group produces heavy trucks and buses via MAN and Scania, and provides comprehensive finance, leasing and mobility services.

In recent years, Volkswagen has emphasized its transformation into a provider of sustainable mobility solutions.