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

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) was the recipient of a significant decline in short interest during 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 90,971 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 90,971 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ARGGY. The Goldman Sachs Group began coverage on Aston Martin Lagonda Global in a research report on Sunday, November 23rd. They issued a “hold” rating for the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Wednesday, October 1st. Four analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Aston Martin Lagonda Global Price Performance

OTCMKTS ARGGY opened at $0.85 on Friday. Aston Martin Lagonda Global has a fifty-two week low of $0.71 and a fifty-two week high of $1.60. The business has a fifty day moving average of $0.81 and a 200-day moving average of $0.94.

Aston Martin Lagonda Global Company Profile

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.