Volkswagen AG (OTCMKTS:VWAPY – Get Free Report) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 83,303 shares, an increase of 63.3% from the July 15th total of 51,018 shares. Based on an average trading volume of 299,393 shares, the days-to-cover ratio is presently 0.3 days.
Volkswagen Stock Performance
OTCMKTS:VWAPY opened at $8.39 on Wednesday. Volkswagen has a fifty-two week low of $7.86 and a fifty-two week high of $12.72. The company has a fifty day moving average of $8.66 and a two-hundred day moving average of $9.99.
About Volkswagen
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.
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