Short Interest in AB Volvo (publ) (OTCMKTS:VLVLY) Grows By 108.6%

AB Volvo (publ) (OTCMKTS:VLVLY) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 24,200 shares, a growth of 108.6% from the May 31st total of 11,600 shares. Based on an average trading volume of 104,000 shares, the days-to-cover ratio is presently 0.2 days.

AB Volvo (publ) Stock Down 0.9 %

AB Volvo (publ) stock opened at $25.12 on Friday. The company’s 50 day simple moving average is $26.06 and its 200 day simple moving average is $26.18. AB Volvo has a fifty-two week low of $19.26 and a fifty-two week high of $30.14. The firm has a market capitalization of $51.07 billion, a price-to-earnings ratio of 10.69, a PEG ratio of 0.64 and a beta of 1.37. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.14 and a quick ratio of 0.88.

AB Volvo (publ) (OTCMKTS:VLVLY) last announced its quarterly earnings data on Wednesday, April 17th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.08. The business had revenue of $12.62 billion for the quarter. AB Volvo (publ) had a net margin of 9.23% and a return on equity of 29.66%. As a group, sell-side analysts anticipate that AB Volvo will post 2.4 EPS for the current year.

AB Volvo (publ) Company Profile

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.