Volkswagen AG (OTCMKTS:VWAGY) Short Interest Update

Volkswagen AG (OTCMKTS:VWAGY) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 599,100 shares, a decrease of 12.6% from the February 28th total of 685,600 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 600,800 shares, the short-interest ratio is presently 1.0 days.

Analyst Ratings Changes

Separately, UBS Group raised Volkswagen from a “strong sell” rating to a “hold” rating in a research report on Monday, March 17th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Volkswagen presently has a consensus rating of “Hold”.

Volkswagen Trading Up 1.4 %

Shares of Volkswagen stock opened at $10.41 on Thursday. The company has a market cap of $52.18 billion, a price-to-earnings ratio of 3.94, a PEG ratio of 1.03 and a beta of 1.36. Volkswagen has a 1 year low of $8.57 and a 1 year high of $16.48. The company’s fifty day simple moving average is $10.91 and its 200-day simple moving average is $10.16.

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.