Short Interest in Volkswagen AG (OTCMKTS:VWAPY) Increases By 63.3%

Volkswagen AG (OTCMKTS:VWAPY) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 83,303 shares, an increase of 63.3% from the July 15th total of 51,018 shares. Based on an average daily trading volume, of 299,393 shares, the short-interest ratio is currently 0.3 days.

Volkswagen Price Performance

Volkswagen stock opened at $8.46 on Monday. The stock’s 50 day simple moving average is $8.72 and its two-hundred day simple moving average is $10.05. Volkswagen has a fifty-two week low of $7.86 and a fifty-two week high of $12.72.

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.