Volkswagen AG (OTCMKTS:VWAPY) Sees Large Growth in Short Interest

Volkswagen AG (OTCMKTS:VWAPY) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 15,713 shares, an increase of 134.0% from the February 12th total of 6,716 shares. Based on an average daily trading volume, of 80,809 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 80,809 shares, the short-interest ratio is currently 0.2 days.

Volkswagen Price Performance

Volkswagen stock opened at $10.60 on Thursday. Volkswagen has a 12 month low of $8.99 and a 12 month high of $12.72. The business’s fifty day simple moving average is $11.82 and its two-hundred day simple moving average is $11.49.

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.