Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Up 556.2% in December

Atlas Copco AB (OTCMKTS:ATLKY) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 106,300 shares, an increase of 556.2% from the December 15th total of 16,200 shares. Based on an average trading volume of 448,500 shares, the days-to-cover ratio is currently 0.2 days.

Atlas Copco Price Performance

Shares of OTCMKTS ATLKY traded up $0.13 during midday trading on Monday, reaching $15.76. 300,269 shares of the company traded hands, compared to its average volume of 284,561. The firm has a market cap of $76.83 billion, a PE ratio of 28.14, a PEG ratio of 4.57 and a beta of 1.16. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.08 and a current ratio of 1.56. Atlas Copco has a 12 month low of $15.00 and a 12 month high of $20.03. The stock’s 50-day simple moving average is $15.90 and its 200-day simple moving average is $17.16.

Atlas Copco (OTCMKTS:ATLKY) last released its earnings results on Wednesday, October 23rd. The industrial products company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). The firm had revenue of $4.14 billion during the quarter. Atlas Copco had a net margin of 16.37% and a return on equity of 29.00%. As a group, equities analysts anticipate that Atlas Copco will post 0.55 earnings per share for the current fiscal year.

Atlas Copco Company Profile

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.