Volkswagen AG (OTCMKTS:VWAPY) Sees Significant Decrease in Short Interest

Volkswagen AG (OTCMKTS:VWAPYGet Free Report) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 25,759 shares, a drop of 52.6% from the April 30th total of 54,356 shares. Based on an average daily trading volume, of 215,281 shares, the days-to-cover ratio is presently 0.1 days.

Volkswagen Price Performance

Shares of VWAPY stock opened at $10.66 on Monday. The company has a 50-day moving average of $10.24 and a two-hundred day moving average of $11.20. Volkswagen has a 1-year low of $9.68 and a 1-year high of $12.72.

Volkswagen Company Profile

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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.

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