Volvo Car AB (publ.) (OTCMKTS:VLVOF) Short Interest Update

Volvo Car AB (publ.) (OTCMKTS:VLVOF) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 878,910 shares, a decline of 71.5% from the June 15th total of 3,086,851 shares. Based on an average daily volume of 4,189 shares, the short-interest ratio is currently 209.8 days.

Volvo Car AB (publ.) Price Performance

OTCMKTS:VLVOF remained flat at $2.16 during midday trading on Friday. The company had a trading volume of 30 shares, compared to its average volume of 2,815. The company’s 50 day simple moving average is $2.28 and its 200-day simple moving average is $2.65. Volvo Car AB has a 52 week low of $1.82 and a 52 week high of $3.70.

Volvo Car AB (publ.) Company Profile

Volvo Car AB (publ.) designs, develops, manufactures, markets, assembles, and sells passenger cars in Europe, China, the United States, and internationally. The company offers sedans and SUV vehicles under the Volvo brand; and electric cars under the Volvo and Polestar brands. It also provides vehicle parts and accessories, as well as sells online. The company was founded in 1927 and is headquartered in Gothenburg, Sweden. Volvo Car AB (publ.) is a subsidiary of Geely Sweden Holdings AB.