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

Volkswagen AG (OTCMKTS:VWAPY) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 9,800 shares, a decline of 82.9% from the February 28th total of 57,300 shares. Based on an average daily volume of 375,100 shares, the short-interest ratio is presently 0.0 days.

Volkswagen Stock Performance

Shares of VWAPY traded down $0.26 during mid-day trading on Wednesday, reaching $10.77. The company’s stock had a trading volume of 112,121 shares, compared to its average volume of 155,979. Volkswagen has a 1-year low of $8.36 and a 1-year high of $13.92. The business has a 50-day simple moving average of $10.54 and a two-hundred day simple moving average of $9.81.

About Volkswagen

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, 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.