Short Interest in Husqvarna AB (publ) (OTCMKTS:HSQVY) Expands By 1,112.1%

Husqvarna AB (publ) (OTCMKTS:HSQVY) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 40,000 shares, a growth of 1,112.1% from the December 15th total of 3,300 shares. Based on an average daily volume of 258,900 shares, the days-to-cover ratio is presently 0.2 days.

Husqvarna AB (publ) Price Performance

HSQVY stock traded down $0.18 during mid-day trading on Tuesday, hitting $9.85. 94,456 shares of the company were exchanged, compared to its average volume of 83,251. Husqvarna AB has a twelve month low of $9.81 and a twelve month high of $18.10. The firm has a fifty day simple moving average of $11.08 and a 200 day simple moving average of $12.85.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $934.91 million during the quarter.

Husqvarna AB (publ) Company Profile

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and lawn care power equipment. It operates through three divisions: Husqvarna Forest & Garden; Gardena; and Husqvarna Construction. The Husqvarna Forest & Garden division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts.