Volkswagen AG (OTCMKTS:VWAPY) Short Interest Update

Volkswagen AG (OTCMKTS:VWAPY) was the target of a significant drop in short interest in February. As of February 13th, there was short interest totaling 6,716 shares, a drop of 49.0% from the January 29th total of 13,167 shares. Based on an average daily trading volume, of 117,745 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 117,745 shares, the days-to-cover ratio is presently 0.1 days.

Volkswagen Trading Down 0.6%

Shares of VWAPY opened at $11.88 on Friday. Volkswagen has a 52 week low of $8.99 and a 52 week high of $12.72. The stock has a 50 day moving average of $12.05 and a 200-day moving average of $11.54.

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.