Short Interest in Volkswagen AG (OTCMKTS:VWAPY) Increases By 335.4%

Volkswagen AG (OTCMKTS:VWAPY) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 68,409 shares, an increase of 335.4% from the February 26th total of 15,713 shares. Based on an average trading volume of 273,716 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 273,716 shares, the days-to-cover ratio is currently 0.2 days.

Volkswagen Stock Performance

Shares of VWAPY opened at $10.00 on Wednesday. Volkswagen has a fifty-two week low of $8.99 and a fifty-two week high of $12.72. The business’s 50-day moving average is $11.48 and its 200-day moving average is $11.39.

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.