Short Interest in Volkswagen AG (OTCMKTS:VWAPY) Decreases By 49.0%

Volkswagen AG (OTCMKTS:VWAPY) saw a large decline in short interest in February. As of February 13th, there was short interest totaling 6,716 shares, a decline of 49.0% from the January 29th total of 13,167 shares. Based on an average daily volume of 117,745 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 117,745 shares, the short-interest ratio is presently 0.1 days.

Volkswagen Trading Up 1.4%

Shares of Volkswagen stock opened at $11.95 on Friday. Volkswagen has a 12-month low of $8.99 and a 12-month high of $12.72. The company has a 50-day simple moving average of $12.06 and a 200 day simple moving average of $11.54.

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.