Volkswagen AG (OTCMKTS:VWAGY) Short Interest Update

Volkswagen AG (OTCMKTS:VWAGY) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 463,400 shares, an increase of 24.7% from the November 30th total of 371,500 shares. Based on an average daily volume of 1,142,900 shares, the short-interest ratio is presently 0.4 days.

Analysts Set New Price Targets

A number of research firms have weighed in on VWAGY. Barclays upgraded shares of Volkswagen to a “strong-buy” rating in a research note on Monday, September 23rd. Dbs Bank raised shares of Volkswagen to a “hold” rating in a research report on Tuesday, October 1st. Finally, Royal Bank of Canada cut Volkswagen from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, November 6th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Volkswagen Stock Down 0.7 %

Shares of OTCMKTS:VWAGY opened at $9.36 on Tuesday. The firm’s 50 day moving average price is $9.32 and its 200-day moving average price is $10.65. The stock has a market capitalization of $46.92 billion, a PE ratio of 3.55, a price-to-earnings-growth ratio of 1.03 and a beta of 1.37. Volkswagen has a twelve month low of $8.57 and a twelve month high of $16.48.

Volkswagen (OTCMKTS:VWAGY) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.27 earnings per share for the quarter. The business had revenue of $86.25 billion for the quarter. Volkswagen had a net margin of 3.77% and a return on equity of 6.37%. Analysts expect that Volkswagen will post 2.53 earnings per share for the current fiscal 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.