Short Interest in Volkswagen AG (OTCMKTS:VWAPY) Expands By 134.0%

Volkswagen AG (OTCMKTS:VWAPY) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 15,713 shares, an increase of 134.0% from the February 12th total of 6,716 shares. Based on an average daily volume of 80,809 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 80,809 shares, the days-to-cover ratio is presently 0.2 days.

Volkswagen Price Performance

Shares of OTCMKTS VWAPY opened at $10.56 on Friday. The business’s 50 day moving average price is $11.79 and its two-hundred day moving average price is $11.48. Volkswagen has a twelve month low of $8.99 and a twelve month high of $12.72.

Volkswagen Company Profile

Volkswagen AG, trading in the U.S. as OTCMKTS:VWAPY, is a leading global automotive manufacturer based in Wolfsburg, Germany. Founded in 1937, the company has grown to become one of the largest automakers in the world by vehicle sales. Volkswagen’s product portfolio spans a diverse range of passenger cars, SUVs and light commercial vehicles under its core Volkswagen brand, as well as premium and luxury offerings through Audi, Porsche, Bentley, Bugatti and Lamborghini. Beyond passenger vehicles, the group produces heavy trucks and buses via MAN and Scania, and provides comprehensive finance, leasing and mobility services.

In recent years, Volkswagen has emphasized its transformation into a provider of sustainable mobility solutions.