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

Husqvarna AB (publ) (OTCMKTS:HSQVY) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 3,400 shares, an increase of 78.9% from the September 15th total of 1,900 shares. Based on an average daily trading volume, of 56,100 shares, the short-interest ratio is presently 0.1 days.

Husqvarna AB (publ) Stock Up 0.9 %

OTCMKTS HSQVY opened at $13.25 on Monday. Husqvarna AB has a 12-month low of $11.92 and a 12-month high of $18.10. The firm’s fifty day simple moving average is $13.24 and its two-hundred day simple moving average is $15.10.

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