Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) Short Interest Update

Key Points

• Short interest surged 294.9% in February to 115,782 shares as of Feb 27 (up from 29,318 on Feb 12), with a short-interest ratio of 0.6 days based on average daily volume of 189,241 shares.
• Five analysts currently rate ARGGY a Hold, including Deutsche Bank, Goldman Sachs (new coverage), and HSBC, giving the stock an average "Hold" consensus.
• ARGGY opened at $0.58, trading in a 52-week range of $0.54–$1.22, with a 50-day moving average of $0.78 and a 200-day moving average of $0.84.

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY - Get Free Report) was the recipient of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 115,782 shares, a growth of 294.9% from the February 12th total of 29,318 shares. Based on an average trading volume of 189,241 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 189,241 shares, the short-interest ratio is currently 0.6 days.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on ARGGY shares. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Aston Martin Lagonda Global in a research note on Monday, February 23rd. The Goldman Sachs Group started coverage on Aston Martin Lagonda Global in a research note on Sunday, November 23rd. They issued a "hold" rating for the company. Finally, HSBC reaffirmed a "hold" rating on shares of Aston Martin Lagonda Global in a report on Tuesday, January 13th. Five analysts have rated the stock with a Hold rating, According to data from MarketBeat, Aston Martin Lagonda Global currently has an average rating of "Hold".

Aston Martin Lagonda Global Stock Performance

ARGGY opened at $0.58 on Wednesday. Aston Martin Lagonda Global has a one year low of $0.54 and a one year high of $1.22. The company has a fifty day moving average price of $0.78 and a 200-day moving average price of $0.84.

About Aston Martin Lagonda Global

Aston Martin Lagonda Global plc is the holding company for Aston Martin Lagonda, a British manufacturer specializing in luxury performance automobiles. The company designs, engineers and assembles a portfolio of high-end sports cars, grand tourers and luxury SUVs. Its product range includes long-standing model lines such as the DB series and Vantage, as well as the DBX SUV, and a limited number of flagship hypercars including the Valkyrie and Valhalla. Under its Lagonda marque, the company is also developing all-electric luxury vehicles aimed at the ultra-premium segment.

Manufacturing and R&D are centered at its headquarters in Gaydon, Warwickshire, England, where the company integrates bespoke craftsmanship with advanced technologies.

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