Volkswagen AG (OTCMKTS:VWAPY) Sees Large Increase in Short Interest

Volkswagen AG (OTCMKTS:VWAPY) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 206,600 shares, an increase of 560.1% from the December 15th total of 31,300 shares. Based on an average daily volume of 570,900 shares, the days-to-cover ratio is presently 0.4 days.

Volkswagen Trading Up 1.8 %

Shares of VWAPY stock opened at $9.43 on Wednesday. The firm’s 50-day simple moving average is $8.91 and its 200-day simple moving average is $9.94. Volkswagen has a 1-year low of $8.36 and a 1-year high of $13.92.

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.