Iveco Group (OTCMKTS:IVCGF) Sees Significant Drop in Short Interest

Iveco Group (OTCMKTS:IVCGF) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,099,200 shares, a drop of 40.7% from the January 31st total of 1,853,500 shares. Based on an average daily trading volume, of 12,300 shares, the short-interest ratio is presently 89.4 days.

Iveco Group Trading Down 0.8 %

IVCGF traded down $0.12 during trading on Friday, reaching $15.62. 1,323 shares of the company’s stock were exchanged, compared to its average volume of 3,645. Iveco Group has a one year low of $9.16 and a one year high of $16.47. The firm has a fifty day moving average price of $12.23 and a two-hundred day moving average price of $10.83.

Iveco Group Company Profile

Iveco Group N.V. engages in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense, and other applications worldwide. The company operates through three segments: Commercial and Specialty Vehicles, Powertrain, and Financial Services.