Atlas Copco AB (OTCMKTS:ATLKY) Sees Significant Increase in Short Interest

Atlas Copco AB (OTCMKTS:ATLKY) saw a significant increase in short interest in August. As of August 15th, there was short interest totalling 36,700 shares, an increase of 22.3% from the July 31st total of 30,000 shares. Based on an average trading volume of 281,500 shares, the days-to-cover ratio is currently 0.1 days.

Atlas Copco Stock Performance

ATLKY opened at $18.19 on Friday. The stock has a fifty day simple moving average of $17.89 and a two-hundred day simple moving average of $17.86. The company has a current ratio of 1.51, a quick ratio of 1.02 and a debt-to-equity ratio of 0.32. Atlas Copco has a 12-month low of $12.33 and a 12-month high of $20.03.

Atlas Copco (OTCMKTS:ATLKY) last issued its quarterly earnings results on Thursday, July 18th. The industrial products company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.01. Atlas Copco had a return on equity of 30.38% and a net margin of 16.59%. The firm had revenue of $4.19 billion during the quarter. Equities research analysts expect that Atlas Copco will post 0.6 EPS for the current fiscal year.

About Atlas Copco

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.