AB Electrolux (publ) (OTCMKTS:ELUXY) Short Interest Up 100.0% in March

AB Electrolux (publ) (OTCMKTS:ELUXY) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 200 shares, a growth of 100.0% from the February 28th total of 100 shares. Based on an average daily volume of 4,600 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Redburn Atlantic upgraded shares of AB Electrolux (publ) from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 21st.

AB Electrolux (publ) Price Performance

OTCMKTS:ELUXY traded down $0.01 during trading hours on Friday, reaching $16.90. The company had a trading volume of 4,926 shares, compared to its average volume of 1,806. AB Electrolux has a one year low of $14.19 and a one year high of $20.11. The company has a quick ratio of 0.64, a current ratio of 0.93 and a debt-to-equity ratio of 3.27. The stock has a 50-day moving average of $17.96 and a two-hundred day moving average of $17.49. The firm has a market capitalization of $2.39 billion, a PE ratio of -17.07 and a beta of 1.22.

AB Electrolux (publ) (OTCMKTS:ELUXY) last issued its quarterly earnings results on Thursday, January 30th. The company reported $0.10 earnings per share (EPS) for the quarter. AB Electrolux (publ) had a negative net margin of 1.04% and a negative return on equity of 14.19%. Analysts forecast that AB Electrolux will post 2.13 earnings per share for the current year.

About AB Electrolux (publ)

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances worldwide. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories.