Husqvarna AB (publ) (OTCMKTS:HSQVY) Short Interest Update

Husqvarna AB (publ) (OTCMKTS:HSQVY) was the target of a large increase in short interest in August. As of August 31st, there was short interest totalling 10,800 shares, an increase of 980.0% from the August 15th total of 1,000 shares. Based on an average daily trading volume, of 40,200 shares, the short-interest ratio is presently 0.3 days.

Husqvarna AB (publ) Stock Performance

Husqvarna AB (publ) stock opened at $12.91 on Friday. Husqvarna AB has a fifty-two week low of $11.92 and a fifty-two week high of $18.10. The firm’s fifty day moving average price is $13.97 and its 200-day moving average price is $15.54.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last released its earnings results on Thursday, July 18th. The company reported $0.42 EPS for the quarter. The firm had revenue of $1.44 billion during the quarter.

Husqvarna AB (publ) Company Profile

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.