Short Interest in Husqvarna AB (publ) (OTCMKTS:HSQVY) Expands By 1,112.1%

Husqvarna AB (publ) (OTCMKTS:HSQVY) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 40,000 shares, a growth of 1,112.1% from the December 15th total of 3,300 shares. Based on an average trading volume of 258,900 shares, the short-interest ratio is presently 0.2 days.

Husqvarna AB (publ) Stock Performance

Shares of OTCMKTS:HSQVY traded up $0.16 during midday trading on Wednesday, reaching $10.01. The company’s stock had a trading volume of 160,825 shares, compared to its average volume of 92,867. The business’s fifty day simple moving average is $11.02 and its 200-day simple moving average is $12.81. Husqvarna AB has a fifty-two week low of $9.81 and a fifty-two week high of $18.10.

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