Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) Sees Large Increase in Short Interest

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 151,200 shares, an increase of 623.4% from the September 30th total of 20,900 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 324,400 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 324,400 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the company’s stock are short sold.

Aston Martin Lagonda Global Trading Down 0.7%

Aston Martin Lagonda Global stock opened at $0.83 on Wednesday. The business’s 50-day simple moving average is $0.95 and its 200 day simple moving average is $0.99. Aston Martin Lagonda Global has a 12-month low of $0.71 and a 12-month high of $1.60.

Analysts Set New Price Targets

ARGGY has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aston Martin Lagonda Global in a report on Wednesday, October 1st. Zacks Research upgraded Aston Martin Lagonda Global to a “hold” rating in a report on Monday, August 11th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

Aston Martin Lagonda Global Company Profile

Aston Martin Lagonda Global Holdings plc engages in the design, development, manufacture, and marketing of luxury sports cars worldwide. It also engages in the sale of parts; sale of vehicles; servicing and restoration of vehicles; and brand licensing and motorsport activities. The company sells its vehicles through a network of dealers.