AB Volvo (OTCMKTS:VLVLY) Short Interest Update

Key Points

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AB Volvo (OTCMKTS:VLVLY - Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 14,900 shares, anincreaseof52.0% from the July 15th total of 9,800 shares. Currently,0.0% of the company's shares are sold short. Based on an average daily volume of 195,600 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 195,600 shares, the days-to-cover ratio is presently 0.1 days. Currently,0.0% of the company's shares are sold short.

AB Volvo Trading Up 3.4%

Shares of OTCMKTS:VLVLY traded up $1.04 during trading on Friday, reaching $31.54. 57,457 shares of the company traded hands, compared to its average volume of 57,451. The firm has a market capitalization of $64.14 billion, a price-to-earnings ratio of 14.95, a P/E/G ratio of 3.71 and a beta of 1.18. AB Volvo has a 52-week low of $22.55 and a 52-week high of $33.33. The company has a current ratio of 1.11, a quick ratio of 0.86 and a debt-to-equity ratio of 0.88. The business's fifty day moving average is $28.67 and its 200-day moving average is $28.58.

AB Volvo (OTCMKTS:VLVLY - Get Free Report) last released its quarterly earnings data on Thursday, July 17th. The company reported $0.69 earnings per share for the quarter, beating analysts' consensus estimates of $0.53 by $0.16. The firm had revenue of $12.59 billion during the quarter, compared to analyst estimates of $122.35 billion. AB Volvo had a return on equity of 23.77% and a net margin of 8.90%. As a group, analysts forecast that AB Volvo will post 2.38 EPS for the current year.

AB Volvo Company Profile

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands.