Volkswagen AG (OTCMKTS:VWAPY) Short Interest Up 965.1% in January

Volkswagen AG (OTCMKTS:VWAPY) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 19,588 shares, a growth of 965.1% from the December 31st total of 1,839 shares. Based on an average trading volume of 103,038 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 103,038 shares, the days-to-cover ratio is currently 0.2 days.

Volkswagen Stock Down 0.7%

Shares of VWAPY stock opened at $12.24 on Wednesday. Volkswagen has a 1 year low of $8.99 and a 1 year high of $12.72. The stock has a fifty day moving average price of $11.93 and a 200 day moving average price of $11.33.

Volkswagen Company Profile

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.