AB Electrolux (publ) (OTCMKTS:ELUXY) Sees Significant Decline in Short Interest

AB Electrolux (publ) (OTCMKTS:ELUXY) was the target of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 200 shares, a decline of 95.2% from the October 15th total of 4,200 shares. Based on an average daily volume of 5,200 shares, the days-to-cover ratio is currently 0.0 days.

AB Electrolux (publ) Stock Up 0.7 %

Shares of ELUXY traded up $0.13 during trading on Tuesday, reaching $17.07. The company’s stock had a trading volume of 686 shares, compared to its average volume of 2,865. The company has a fifty day moving average of $18.52 and a two-hundred day moving average of $18.00. AB Electrolux has a twelve month low of $15.52 and a twelve month high of $21.87. The company has a market cap of $2.42 billion, a price-to-earnings ratio of -4.35 and a beta of 1.29. The company has a quick ratio of 0.62, a current ratio of 0.94 and a debt-to-equity ratio of 3.61.

AB Electrolux (publ) (OTCMKTS:ELUXY) last posted its quarterly earnings results on Friday, October 25th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.49). AB Electrolux (publ) had a negative net margin of 4.21% and a negative return on equity of 30.59%. The firm had revenue of $3.20 billion for the quarter. On average, sell-side analysts predict that AB Electrolux will post -0.27 EPS for the current fiscal year.

AB Electrolux (publ) Company Profile

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances worldwide. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories.