AB Electrolux (publ) (OTCMKTS:ELUXY) Short Interest Update

AB Electrolux (publ) (OTCMKTS:ELUXY) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 200 shares, a growth of 100.0% from the December 31st total of 100 shares. Based on an average daily trading volume, of 5,100 shares, the days-to-cover ratio is presently 0.0 days.

AB Electrolux (publ) Price Performance

AB Electrolux (publ) stock traded up $0.14 during trading hours on Wednesday, hitting $19.95. 2,625 shares of the stock were exchanged, compared to its average volume of 1,428. The company has a debt-to-equity ratio of 3.61, a quick ratio of 0.62 and a current ratio of 0.94. The stock has a market capitalization of $2.82 billion, a P/E ratio of -5.09 and a beta of 1.22. AB Electrolux has a 12 month low of $14.19 and a 12 month high of $20.11. The business’s 50-day moving average is $16.56 and its two-hundred day moving average is $17.48.

Wall Street Analysts Forecast Growth

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

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.