Short Interest in Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) Expands By 140.1%

Key Points

• Short interest in Aston Martin surged by 140.1% to 277,945 shares as of March 13, with a short‑interest ratio of 1.1 days (MarketBeat also reports 0.0% of shares short sold).
• Analyst sentiment is predominantly neutral with a consensus Hold rating from six analysts, including recent downgrades/reiterations from Sanford C. Bernstein, Deutsche Bank and HSBC.
• The stock is trading near its yearly low (opened at $0.51), below its 50‑day ($0.71) and 200‑day ($0.81) moving averages, with a 52‑week range of $0.48 to $1.22.

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY - Get Free Report) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 277,945 shares, a growth of 140.1% from the February 26th total of 115,782 shares. Based on an average daily volume of 257,757 shares, the short-interest ratio is currently 1.1 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

ARGGY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Aston Martin Lagonda Global in a research report on Monday, February 23rd. Sanford C. Bernstein cut Aston Martin Lagonda Global from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 11th. Finally, HSBC reiterated a "hold" rating on shares of Aston Martin Lagonda Global in a research note on Tuesday, January 13th. Six research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of "Hold".

Aston Martin Lagonda Global Stock Performance

OTCMKTS ARGGY opened at $0.51 on Thursday. The firm has a 50-day moving average of $0.71 and a 200-day moving average of $0.81. Aston Martin Lagonda Global has a 52-week low of $0.48 and a 52-week high of $1.22.

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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