Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) Sees Significant Decline in Short Interest

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 5,446 shares, a decline of 59.6% from the November 30th total of 13,473 shares. Based on an average trading volume of 90,971 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 90,971 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

ARGGY has been the subject of a number of analyst reports. The Goldman Sachs Group assumed coverage on shares of Aston Martin Lagonda Global in a report on Sunday, November 23rd. They set a “hold” rating for the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aston Martin Lagonda Global in a report on Wednesday, October 1st. Four investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

Aston Martin Lagonda Global Stock Performance

Shares of ARGGY opened at $0.85 on Friday. The company has a 50-day simple moving average of $0.81 and a two-hundred day simple moving average of $0.94. Aston Martin Lagonda Global has a one year low of $0.71 and a one year high of $1.60.

About Aston Martin Lagonda Global

Aston Martin Lagonda Global plc is the holding company for Aston Martin Lagonda, a British manufacturer specializing in luxury performance automobiles. The company designs, engineers and assembles a portfolio of high-end sports cars, grand tourers and luxury SUVs. Its product range includes long-standing model lines such as the DB series and Vantage, as well as the DBX SUV, and a limited number of flagship hypercars including the Valkyrie and Valhalla. Under its Lagonda marque, the company is also developing all-electric luxury vehicles aimed at the ultra-premium segment.

Manufacturing and R&D are centered at its headquarters in Gaydon, Warwickshire, England, where the company integrates bespoke craftsmanship with advanced technologies.