Volvo Car AB (publ.) (OTCMKTS:VLVOF) Sees Large Growth in Short Interest

Volvo Car AB (publ.) (OTCMKTS:VLVOF) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 3,623,426 shares, an increase of 312.3% from the June 30th total of 878,910 shares. Based on an average trading volume of 1,406 shares, the days-to-cover ratio is currently 2,577.1 days.

Volvo Car AB (publ.) Price Performance

Shares of VLVOF stock opened at $1.94 on Monday. The stock has a fifty day moving average of $2.21 and a 200 day moving average of $2.56. Volvo Car AB has a 52 week low of $1.87 and a 52 week high of $3.70.

About Volvo Car AB (publ.)

Volvo Car AB (publ.) designs, develops, manufactures, markets, assembles, and sells passenger cars in Europe, China, the United States, and internationally. The company offers sedans and SUV vehicles under the Volvo brand; and electric cars under the Volvo and Polestar brands. It also provides vehicle parts and accessories, as well as sells online. The company was founded in 1927 and is headquartered in Gothenburg, Sweden. Volvo Car AB (publ.) is a subsidiary of Geely Sweden Holdings AB.