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

Volkswagen AG (OTCMKTS:VWAPY) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 206,600 shares, an increase of 560.1% from the December 15th total of 31,300 shares. Based on an average daily trading volume, of 570,900 shares, the days-to-cover ratio is currently 0.4 days.

Volkswagen Stock Performance

VWAPY stock traded up $0.04 during midday trading on Monday, reaching $9.21. The company’s stock had a trading volume of 161,364 shares, compared to its average volume of 167,794. Volkswagen has a 1 year low of $8.36 and a 1 year high of $13.92. The stock has a fifty day simple moving average of $8.92 and a two-hundred day simple moving average of $9.97.

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.