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

Husqvarna AB (publ) (OTCMKTS:HSQVY) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 3,300 shares, an increase of 120.0% from the November 30th total of 1,500 shares. Based on an average daily volume of 183,500 shares, the days-to-cover ratio is presently 0.0 days.

Husqvarna AB (publ) Price Performance

Shares of HSQVY opened at $10.44 on Friday. The company’s 50-day simple moving average is $11.71 and its 200-day simple moving average is $13.39. Husqvarna AB has a 1 year low of $10.19 and a 1 year high of $18.10.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported ($0.05) EPS for the quarter. The business 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.