Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) Short Interest Update

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 7,090 shares, an increase of 30.2% from the December 15th total of 5,446 shares. Based on an average daily trading volume, of 119,971 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 119,971 shares, the days-to-cover ratio is currently 0.1 days.

Aston Martin Lagonda Global Stock Performance

ARGGY opened at $0.83 on Monday. Aston Martin Lagonda Global has a 12 month low of $0.71 and a 12 month high of $1.60. The company has a fifty day simple moving average of $0.82 and a 200 day simple moving average of $0.91.

Wall Street Analyst Weigh In

Several brokerages have commented on ARGGY. The Goldman Sachs Group initiated coverage on shares of Aston Martin Lagonda Global in a research report on Sunday, November 23rd. They set a “hold” rating for the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aston Martin Lagonda Global in a report on Wednesday, October 1st. Finally, HSBC reissued a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Tuesday, January 13th. Five research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About Aston Martin Lagonda Global

Aston Martin Lagonda Global plc is the holding company for Aston Martin Lagonda, a British manufacturer specializing in luxury performance automobiles. The company designs, engineers and assembles a portfolio of high-end sports cars, grand tourers and luxury SUVs. Its product range includes long-standing model lines such as the DB series and Vantage, as well as the DBX SUV, and a limited number of flagship hypercars including the Valkyrie and Valhalla. Under its Lagonda marque, the company is also developing all-electric luxury vehicles aimed at the ultra-premium segment.

Manufacturing and R&D are centered at its headquarters in Gaydon, Warwickshire, England, where the company integrates bespoke craftsmanship with advanced technologies.