Volkswagen AG (OTCMKTS:VWAPY – Get Free Report) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 54,356 shares, a decrease of 39.2% from the April 15th total of 89,454 shares. Based on an average daily volume of 254,976 shares, the days-to-cover ratio is presently 0.2 days.
Volkswagen Stock Performance
OTCMKTS:VWAPY opened at $10.12 on Monday. The firm’s fifty day moving average price is $10.23 and its 200 day moving average price is $11.21. Volkswagen has a 1-year low of $9.68 and a 1-year high of $12.72.
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.
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