Short Interest in AB Volvo (publ) (OTCMKTS:VOLVF) Rises By 31.9%

AB Volvo (publ) (OTCMKTS:VOLVF) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 4,214,000 shares, an increase of 31.9% from the January 15th total of 3,195,300 shares. Based on an average daily trading volume, of 1,700 shares, the days-to-cover ratio is currently 2,478.8 days.

AB Volvo (publ) Stock Down 0.5 %

Shares of OTCMKTS VOLVF opened at C$29.85 on Friday. AB Volvo has a 52 week low of C$23.55 and a 52 week high of C$30.30. The firm’s fifty day moving average is C$26.07 and its 200 day moving average is C$25.67.

About AB Volvo (publ)

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands.