Short Interest in Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) Increases By 374.4%

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 33,636 shares, an increase of 374.4% from the December 31st total of 7,090 shares. Based on an average trading volume of 39,486 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 39,486 shares, the days-to-cover ratio is presently 0.9 days.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on ARGGY shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aston Martin Lagonda Global in a research report on Wednesday, October 1st. The Goldman Sachs Group initiated coverage on Aston Martin Lagonda Global in a research report on Sunday, November 23rd. They issued a “hold” rating for the company. Finally, HSBC reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Tuesday, January 13th. Five investment analysts have rated the stock with a Hold rating, According to MarketBeat, Aston Martin Lagonda Global currently has a consensus rating of “Hold”.

Aston Martin Lagonda Global Stock Performance

ARGGY stock opened at $0.83 on Wednesday. Aston Martin Lagonda Global has a 52-week low of $0.71 and a 52-week high of $1.60. The company’s 50 day simple moving average is $0.82 and its 200-day simple moving average is $0.90.

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.