Volkswagen AG (OTCMKTS:VWAPY) Short Interest Update

Volkswagen AG (OTCMKTS:VWAPY) was the target of a large decline in short interest in April. As of April 30th, there was short interest totaling 54,356 shares, a decline of 39.2% from the April 15th total of 89,454 shares. Based on an average daily trading volume, of 254,976 shares, the short-interest ratio is presently 0.2 days.

Volkswagen Trading Up 0.7%

Volkswagen stock opened at $10.19 on Tuesday. Volkswagen has a 1-year low of $9.68 and a 1-year high of $12.72. The firm has a 50 day simple moving average of $10.22 and a 200 day simple moving average of $11.21.

Volkswagen Company Profile

Volkswagen AG, trading in the U.S. as OTCMKTS:VWAPY, is a leading global automotive manufacturer based in Wolfsburg, Germany. Founded in 1937, the company has grown to become one of the largest automakers in the world by vehicle sales. Volkswagen’s product portfolio spans a diverse range of passenger cars, SUVs and light commercial vehicles under its core Volkswagen brand, as well as premium and luxury offerings through Audi, Porsche, Bentley, Bugatti and Lamborghini. Beyond passenger vehicles, the group produces heavy trucks and buses via MAN and Scania, and provides comprehensive finance, leasing and mobility services.

In recent years, Volkswagen has emphasized its transformation into a provider of sustainable mobility solutions.