Short Interest in Volkswagen AG (OTCMKTS:VWAPY) Increases By 122.8%

Volkswagen AG (OTCMKTS:VWAPY) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 52,862 shares, a growth of 122.8% from the June 15th total of 23,724 shares. Based on an average daily trading volume, of 460,021 shares, the short-interest ratio is currently 0.1 days.

Volkswagen Stock Down 1.4%

Shares of VWAPY opened at $8.34 on Friday. Volkswagen has a twelve month low of $7.86 and a twelve month high of $12.72. The firm’s 50 day moving average price is $9.51 and its two-hundred day moving average price is $10.57.

Volkswagen Company Profile

Volkswagen AG, trading in the U.S. as OTCMKTS:VWAPY, is a leading global automotive manufacturer based in Wolfsburg, Germany. Founded in 1937, the company has grown to become one of the largest automakers in the world by vehicle sales. Volkswagen’s product portfolio spans a diverse range of passenger cars, SUVs and light commercial vehicles under its core Volkswagen brand, as well as premium and luxury offerings through Audi, Porsche, Bentley, Bugatti and Lamborghini. Beyond passenger vehicles, the group produces heavy trucks and buses via MAN and Scania, and provides comprehensive finance, leasing and mobility services.

In recent years, Volkswagen has emphasized its transformation into a provider of sustainable mobility solutions.