Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) Short Interest Update

Key Points

• Volkswagen AG experienced a significant decline in short interest, decreasing by 51.6% from 953,200 shares on August 15th to 461,800 shares by August 31st.
• The company's recent earnings report showed an EPS of $0.49, which was less than analysts' expectations of $0.57, despite generating $94.79 billion in revenue.
• Volkswagen's stock is currently priced at $12.06, with a market capitalization of $60.46 billion and a price-to-earnings ratio of 6.66.

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY - Get Free Report) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 461,800 shares, a decline of 51.6% from the August 15th total of 953,200 shares. Based on an average trading volume of 340,800 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.0% of the company's shares are sold short. Currently, 0.0% of the company's shares are sold short. Based on an average trading volume of 340,800 shares, the days-to-cover ratio is presently 1.4 days.

Volkswagen Trading Down 1.4%

VWAGY stock opened at $12.06 on Friday. The firm's 50-day moving average price is $11.46 and its two-hundred day moving average price is $11.09. Volkswagen has a 12-month low of $8.57 and a 12-month high of $12.32. The stock has a market capitalization of $60.46 billion, a price-to-earnings ratio of 6.66, a PEG ratio of 0.77 and a beta of 1.27.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last released its quarterly earnings data on Friday, July 25th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.57 by ($0.08). Volkswagen had a net margin of 2.57% and a return on equity of 4.21%. The firm had revenue of $94.79 billion during the quarter, compared to analysts' expectations of $76.90 billion. Equities analysts predict that Volkswagen will post 2.53 EPS for the current year.

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.

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