Husqvarna AB (publ) (OTCMKTS:HSQVY) Stock Short Interest Report for October

Husqvarna AB (publ) (OTCMKTS:HSQVY) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 83,182 shares, an increase of 132.2% from the September 30th total of 35,822 shares. Based on an average daily volume of 196,252 shares, the days-to-cover ratio is presently 0.4 days.

Husqvarna AB (publ) Stock Up 2.1%

Shares of HSQVY opened at $6.56 on Friday. Husqvarna AB has a twelve month low of $6.33 and a twelve month high of $10.54. The stock’s fifty day simple moving average is $7.29 and its 200 day simple moving average is $8.45.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last posted its quarterly earnings results on Wednesday, October 21st. The company reported ($0.12) earnings per share (EPS) for the quarter. The business had revenue of $934.26 million during the quarter.

Analyst Ratings Changes

Separately, Danske lowered shares of Husqvarna AB (publ) to a “hold” rating in a research report on Thursday, October 22nd. Two research analysts have rated the stock with a Hold rating. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Husqvarna AB (publ) Company Profile

Husqvarna AB (publ) is a Sweden-based manufacturer of outdoor power products and related equipment. The company serves professional users, consumers and landowners through products such as chainsaws, trimmers, brushcutters, lawn mowers, ride-on mowers and robotic lawn mowers. It also offers digital solutions, accessories, replacement parts and service support.

Husqvarna Group operates through several established brands, including Husqvarna, Gardena and McCulloch. Gardena focuses primarily on consumer gardening products, including watering systems, garden tools and irrigation equipment.