Volkswagen AG (OTCMKTS:VWAPY) Sees Large Drop in Short Interest

Volkswagen AG (OTCMKTS:VWAPY) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 20,400 shares, a drop of 53.4% from the March 31st total of 43,800 shares. Based on an average daily trading volume, of 319,100 shares, the short-interest ratio is currently 0.1 days.

Volkswagen Stock Up 0.7 %

VWAPY opened at 12.81 on Friday. The company has a 50 day moving average of 13.01 and a 200 day moving average of 12.29. Volkswagen has a 12 month low of 10.37 and a 12 month high of 14.30.

About Volkswagen

Volkswagen AG manufactures and sells automobiles in Germany, Europe, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; produces and sells passenger cars and light commercial vehicles, and related parts; and offers motorcycles.