Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) Short Interest Up 294.9% in February

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 115,782 shares, a growth of 294.9% from the February 12th total of 29,318 shares. Based on an average trading volume of 189,241 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 189,241 shares, the short-interest ratio is presently 0.6 days.

Aston Martin Lagonda Global Price Performance

Shares of OTCMKTS:ARGGY opened at $0.58 on Thursday. The company’s 50-day moving average price is $0.77 and its two-hundred day moving average price is $0.84. Aston Martin Lagonda Global has a one year low of $0.54 and a one year high of $1.22.

Analysts Set New Price Targets

Several research firms recently commented on ARGGY. HSBC reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a research report on Tuesday, January 13th. The Goldman Sachs Group started coverage on Aston Martin Lagonda Global in a research note on Sunday, November 23rd. They issued a “hold” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aston Martin Lagonda Global in a report on Monday, February 23rd. Five equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

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.