AB Volvo (OTCMKTS:VLVLY) Short Interest Update

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

AB Volvo (OTCMKTS:VLVLY - Get Free Report) saw a large increase in short interest during 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. Approximately0.0% of the shares of the stock are sold short. Based on an average trading volume of 195,600 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 195,600 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the shares of the stock are sold short.

AB Volvo Stock Performance

Shares of OTCMKTS VLVLY opened at $30.23 on Tuesday. The firm's fifty day moving average is $28.42 and its two-hundred day moving average is $28.50. AB Volvo has a 52-week low of $22.55 and a 52-week high of $33.33. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.86 and a current ratio of 1.11. The company has a market cap of $61.46 billion, a P/E ratio of 14.32, a P/E/G ratio of 3.71 and a beta of 1.18.

AB Volvo (OTCMKTS:VLVLY - Get Free Report) last issued its quarterly earnings results on Thursday, July 17th. The company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.53 by $0.16. The company had revenue of $12.59 billion for the quarter, compared to the consensus estimate of $122.35 billion. AB Volvo had a net margin of 8.90% and a return on equity of 23.77%. As a group, analysts anticipate that AB Volvo will post 2.38 EPS for the current fiscal 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.