Volkswagen AG (OTCMKTS:VWAPY – Get Free Report) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 123,433 shares, an increase of 48.2% from the July 30th total of 83,303 shares. Based on an average trading volume of 133,401 shares, the short-interest ratio is currently 0.9 days.
Volkswagen Stock Performance
Shares of OTCMKTS VWAPY opened at $8.77 on Wednesday. Volkswagen has a one year low of $7.86 and a one year high of $12.72. The business has a 50-day moving average price of $8.45 and a two-hundred day moving average price of $9.75.
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.
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