Husqvarna AB (publ) (OTCMKTS:HSQVY) Sees Significant Growth in Short Interest

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

Husqvarna AB (publ) Price Performance

HSQVY stock opened at $10.75 on Wednesday. The company’s 50-day moving average is $10.74 and its 200-day moving average is $12.37. Husqvarna AB has a 1 year low of $9.81 and a 1 year high of $18.10.

Husqvarna AB (publ) Company Profile

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.