Husqvarna AB (publ) (OTCMKTS:HUSQF) Sees Large Increase in Short Interest

Husqvarna AB (publ) (OTCMKTS:HUSQF) saw a large increase in short interest in November. As of November 30th, there was short interest totalling 2,116,800 shares, an increase of 6.9% from the November 15th total of 1,980,200 shares. Based on an average trading volume of 7,000 shares, the days-to-cover ratio is currently 302.4 days.

Husqvarna AB (publ) Price Performance

OTCMKTS HUSQF opened at $5.55 on Tuesday. Husqvarna AB has a twelve month low of $5.45 and a twelve month high of $8.56. The business’s fifty day moving average is $6.09 and its 200 day moving average is $6.91.

About Husqvarna AB (publ)

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and lawn care power equipment. It operates through three divisions: Husqvarna Forest & Garden; Gardena; and Husqvarna Construction. The Husqvarna Forest & Garden division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts.