Volkswagen AG (OTCMKTS:VWAPY – Get Free Report) was the recipient of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 9,000 shares, a drop of 28.6% from the May 15th total of 12,600 shares. Based on an average daily trading volume, of 99,700 shares, the short-interest ratio is presently 0.1 days.
Volkswagen Price Performance
OTCMKTS VWAPY opened at $9.98 on Thursday. Volkswagen has a 52 week low of $8.36 and a 52 week high of $12.00. The stock has a fifty day moving average of $10.67 and a 200-day moving average of $10.19.
Volkswagen Cuts Dividend
The company also recently declared a dividend, which was paid on Thursday, June 5th. Investors of record on Wednesday, May 21st were issued a $0.4468 dividend. This represents a yield of 3.91%. The ex-dividend date of this dividend was Tuesday, May 20th.
Volkswagen Company Profile
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.
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