Short Interest in Volkswagen AG (OTCMKTS:VWAPY) Increases By 965.1%

Volkswagen AG (OTCMKTS:VWAPY) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 19,588 shares, an increase of 965.1% from the December 31st total of 1,839 shares. Based on an average daily trading volume, of 103,038 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 103,038 shares, the days-to-cover ratio is currently 0.2 days.

Volkswagen Stock Down 0.7%

VWAPY traded down $0.09 during trading on Tuesday, hitting $12.24. The company’s stock had a trading volume of 127,496 shares, compared to its average volume of 73,846. Volkswagen has a twelve month low of $8.99 and a twelve month high of $12.72. The business’s fifty day simple moving average is $11.93 and its 200 day simple moving average is $11.33.

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.