Short Interest in Volkswagen AG (OTCMKTS:VWAPY) Decreases By 98.1%

Volkswagen AG (OTCMKTS:VWAPY) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 261 shares, a decrease of 98.1% from the November 30th total of 13,480 shares. Based on an average daily volume of 213,532 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 213,532 shares, the days-to-cover ratio is currently 0.0 days.

Volkswagen Price Performance

Shares of VWAPY traded down $0.02 during mid-day trading on Wednesday, hitting $12.15. 14,330 shares of the company’s stock were exchanged, compared to its average volume of 111,144. Volkswagen has a fifty-two week low of $8.84 and a fifty-two week high of $12.72. The business’s 50 day moving average is $11.28 and its two-hundred day moving average is $11.05.

Volkswagen Company Profile

Volkswagen AG, trading in the U.S. as OTCMKTS:VWAPY, is a leading global automotive manufacturer based in Wolfsburg, Germany. Founded in 1937, the company has grown to become one of the largest automakers in the world by vehicle sales. Volkswagen’s product portfolio spans a diverse range of passenger cars, SUVs and light commercial vehicles under its core Volkswagen brand, as well as premium and luxury offerings through Audi, Porsche, Bentley, Bugatti and Lamborghini. Beyond passenger vehicles, the group produces heavy trucks and buses via MAN and Scania, and provides comprehensive finance, leasing and mobility services.

In recent years, Volkswagen has emphasized its transformation into a provider of sustainable mobility solutions.