AB Volvo (publ) (OTCMKTS:VOLVF) Sees Significant Growth in Short Interest

AB Volvo (publ) (OTCMKTS:VOLVF) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 2,878,300 shares, a growth of 38.2% from the December 31st total of 2,083,000 shares. Based on an average trading volume of 2,600 shares, the short-interest ratio is presently 1,107.0 days.

AB Volvo (publ) Stock Up 8.2 %

Shares of VOLVF opened at C$28.06 on Thursday. The stock has a 50-day moving average of C$25.25 and a two-hundred day moving average of C$25.50. AB Volvo has a one year low of C$23.55 and a one year high of C$30.30.

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.