Husqvarna AB (publ) (OTCMKTS:HUSQF) Short Interest Down 42.6% in February

Husqvarna AB (publ) (OTCMKTS:HUSQF) was the target of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 1,800,754 shares, a decline of 42.6% from the February 12th total of 3,139,863 shares. Based on an average daily volume of 222 shares, the days-to-cover ratio is currently 8,111.5 days. Based on an average daily volume of 222 shares, the days-to-cover ratio is currently 8,111.5 days.

Husqvarna AB (publ) Stock Down 17.8%

HUSQF stock traded down $0.89 on Thursday, hitting $4.11. 300 shares of the company’s stock were exchanged, compared to its average volume of 500. The firm has a 50 day moving average price of $5.04 and a two-hundred day moving average price of $5.35. Husqvarna AB has a 12-month low of $4.11 and a 12-month high of $5.07.

Husqvarna AB (publ) Company Profile

Husqvarna AB (publ) is a Swedish-based global manufacturer of outdoor power products, serving both consumer and professional markets. The company’s portfolio includes chainsaws, trimmers, brushcutters, robotic mowers, ride-on lawn mowers, garden tractors, hedge trimmers and pressure washers. Husqvarna also offers a range of construction products such as light towers, handheld power cutters and demolition robots under its Construction division.

Husqvarna operates through several business segments, including the Forestry & Garden division for consumer and professional forestry and landscaping equipment, the Lawn & Garden division for residential lawn care products, and the Construction division for infrastructure and demolition solutions.