Short Interest in Atlas Copco AB (OTCMKTS:ATLKY) Increases By 46.7%

Atlas Copco AB (OTCMKTS:ATLKY) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 39,900 shares, a growth of 46.7% from the June 30th total of 27,200 shares. Based on an average daily volume of 283,200 shares, the days-to-cover ratio is presently 0.1 days.

Atlas Copco Price Performance

Shares of ATLKY traded up $0.11 on Friday, hitting $17.09. The company’s stock had a trading volume of 128,773 shares, compared to its average volume of 145,835. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.71 and a quick ratio of 1.15. The firm’s fifty day moving average price is $18.72 and its 200-day moving average price is $17.64. Atlas Copco has a fifty-two week low of $12.33 and a fifty-two week high of $20.03.

Atlas Copco (OTCMKTS:ATLKY) last issued its quarterly earnings data on Thursday, July 18th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.01. Atlas Copco had a return on equity of 30.45% and a net margin of 16.59%. The business had revenue of $4.19 billion during the quarter. On average, analysts predict that Atlas Copco will post 0.58 EPS for the current year.

Atlas Copco Company Profile

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.