Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) Short Interest Down 29.1% in February

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 29,318 shares, a decrease of 29.1% from the January 29th total of 41,323 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 71,698 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 71,698 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aston Martin Lagonda Global in a research report on Monday, February 23rd. HSBC reissued a “hold” rating on shares of Aston Martin Lagonda Global in a research report on Tuesday, January 13th. Finally, The Goldman Sachs Group initiated coverage on shares of Aston Martin Lagonda Global in a research note on Sunday, November 23rd. They set a “hold” rating for the company. Five analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Aston Martin Lagonda Global Trading Down 4.2%

ARGGY opened at $0.63 on Monday. The firm has a 50-day moving average price of $0.81 and a 200-day moving average price of $0.86. Aston Martin Lagonda Global has a twelve month low of $0.61 and a twelve month high of $1.22.

Aston Martin Lagonda Global Company Profile

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.