Volkswagen AG (OTCMKTS:VWAGY) Short Interest Up 24.7% in December

Volkswagen AG (OTCMKTS:VWAGY) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 463,400 shares, an increase of 24.7% from the November 30th total of 371,500 shares. Based on an average daily trading volume, of 1,142,900 shares, the short-interest ratio is currently 0.4 days.

Analyst Ratings Changes

A number of equities research analysts have issued reports on VWAGY shares. Dbs Bank upgraded Volkswagen to a “hold” rating in a research report on Tuesday, October 1st. Royal Bank of Canada downgraded Volkswagen from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, November 6th. Finally, Barclays upgraded Volkswagen to a “strong-buy” rating in a research report on Monday, September 23rd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a strong buy rating to the stock. According to MarketBeat, Volkswagen has a consensus rating of “Hold”.

Volkswagen Price Performance

Shares of OTCMKTS VWAGY opened at $9.43 on Monday. Volkswagen has a 1 year low of $8.57 and a 1 year high of $16.48. The firm has a 50-day simple moving average of $9.34 and a two-hundred day simple moving average of $10.67. The company has a market cap of $47.27 billion, a P/E ratio of 3.57, a PEG ratio of 1.03 and a beta of 1.37.

Volkswagen (OTCMKTS:VWAGY) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter. The firm had revenue of $86.25 billion during the quarter. Volkswagen had a return on equity of 6.37% and a net margin of 3.77%. As a group, equities research analysts expect that Volkswagen will post 2.53 EPS for the current year.

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.