Volkswagen AG (OTCMKTS:VWAPY – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 90,351 shares, a drop of 64.9% from the September 30th total of 257,565 shares. Based on an average daily trading volume, of 694,782 shares, the short-interest ratio is currently 0.1 days.
Volkswagen Trading Down 1.5%
Shares of VWAPY opened at $7.69 on Friday. The company’s fifty day moving average is $8.27 and its two-hundred day moving average is $9.66. Volkswagen has a fifty-two week low of $7.34 and a fifty-two week high of $12.72.
Volkswagen Company Profile
Volkswagen AG is a Germany-based automotive company headquartered in Wolfsburg. The Volkswagen Group develops, manufactures and sells passenger cars, commercial vehicles, trucks and motorcycles, along with related mobility and financial services. Its passenger-car brands include Volkswagen, Audi, SEAT, CUPRA, Škoda, Bentley, Lamborghini and Porsche, while its commercial-vehicle activities include Volkswagen Commercial Vehicles, Scania, MAN and Navistar. Ducati represents the group’s motorcycle business.
The company also provides vehicle financing, leasing, insurance, fleet management and other financial services through its financial-services operations.
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