Volkswagen AG (OTCMKTS:VWAGY) Sees Large Increase in Short Interest

Volkswagen AG (OTCMKTS:VWAGY - Get Free Report) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totalling 796,300 shares, a growth of 32.9% from the March 15th total of 599,100 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 469,500 shares, the short-interest ratio is presently 1.7 days.

Volkswagen Price Performance

Shares of VWAGY stock traded up $0.15 during trading hours on Wednesday, hitting $10.87. The company had a trading volume of 191,870 shares, compared to its average volume of 255,471. The stock has a market capitalization of $54.49 billion, a PE ratio of 4.12, a price-to-earnings-growth ratio of 1.03 and a beta of 1.31. The company's fifty day moving average is $10.84 and its 200 day moving average is $10.07. Volkswagen has a fifty-two week low of $8.57 and a fifty-two week high of $15.44.

Analyst Ratings Changes

VWAGY has been the topic of a number of recent research reports. Citigroup reissued a "buy" rating on shares of Volkswagen in a research note on Thursday, April 3rd. UBS Group upgraded shares of Volkswagen from a "strong sell" rating to a "hold" rating in a research report on Monday, March 17th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Volkswagen currently has a consensus rating of "Hold".

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.