Short Interest in Volvo Car AB (publ.) (OTCMKTS:VLVOF) Grows By 312.3%

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

Volvo Car AB (publ.) Price Performance

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

Volvo Car AB (publ.) Company Profile

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.