LKQ Sees Large Growth in Short Interest (LKQ)
LKQ (NASDAQ:LKQ) saw a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 4,810,700 shares, an increase of 24.3% from the July 31st total of 3,871,370 shares, StockRatingsNetwork.com reports. Approximately 1.6% of the company’s shares are sold short. Based on an average trading volume of 1,838,942 shares, the days-to-cover ratio is currently 2.6 days.
LKQ (NASDAQ:LKQ) opened at 28.80 on Thursday. LKQ has a one year low of $24.46 and a one year high of $34.32. The stock has a 50-day moving average of $26.60 and a 200-day moving average of $27.22. The company has a market cap of $8.717 billion and a P/E ratio of 24.53.
LKQ Corporation (NASDAQ:LKQ) provides replacement parts, components and systems needed to repair vehicles (cars and trucks).
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