Husqvarna AB (publ) (OTCMKTS:HSQVY) Sees Significant Decrease in Short Interest

Husqvarna AB (publ) (OTCMKTS:HSQVY) saw a large decrease in short interest in November. As of November 30th, there was short interest totalling 1,500 shares, a decrease of 91.6% from the November 15th total of 17,800 shares. Based on an average daily trading volume, of 225,400 shares, the days-to-cover ratio is currently 0.0 days.

Husqvarna AB (publ) Stock Performance

HSQVY stock traded down $0.24 during midday trading on Thursday, hitting $11.10. The company’s stock had a trading volume of 54,936 shares, compared to its average volume of 32,206. The firm has a 50-day simple moving average of $12.34 and a 200-day simple moving average of $13.88. Husqvarna AB has a 52-week low of $10.72 and a 52-week high of $18.10.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported ($0.05) earnings per share (EPS) for the quarter. The firm had revenue of $934.91 million during the quarter.

About Husqvarna AB (publ)

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and lawn care power equipment. It operates through three divisions: Husqvarna Forest & Garden; Gardena; and Husqvarna Construction. The Husqvarna Forest & Garden division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts.