Short Interest in Husqvarna AB (publ) (OTCMKTS:HSQVY) Grows By 450.0%

Husqvarna AB (publ) (OTCMKTS:HSQVY) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 13,200 shares, an increase of 450.0% from the March 31st total of 2,400 shares. Based on an average trading volume of 16,900 shares, the days-to-cover ratio is presently 0.8 days.

Husqvarna AB (publ) Stock Up 0.5 %

Shares of OTCMKTS:HSQVY traded up $0.07 during trading on Friday, reaching $15.39. 9,779 shares of the stock were exchanged, compared to its average volume of 14,910. Husqvarna AB has a 12-month low of $12.25 and a 12-month high of $19.94. The firm’s 50-day moving average price is $16.06 and its 200 day moving average price is $15.48.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last issued its earnings results on Thursday, March 28th. The company reported ($0.33) earnings per share (EPS) for the quarter. The firm had revenue of $808.73 million during the quarter.

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.