Volkswagen AG (OTCMKTS:VWAPY) Short Interest Down 52.6% in May

Volkswagen AG (OTCMKTS:VWAPY) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 25,759 shares, a decline of 52.6% from the April 30th total of 54,356 shares. Based on an average daily volume of 215,281 shares, the short-interest ratio is currently 0.1 days.

Volkswagen Stock Performance

Shares of VWAPY traded down $0.12 during mid-day trading on Tuesday, reaching $10.54. 62,095 shares of the company’s stock traded hands, compared to its average volume of 96,971. The business’s 50-day moving average price is $10.25 and its 200-day moving average price is $11.20. Volkswagen has a 12 month low of $9.68 and a 12 month high of $12.72.

About Volkswagen

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.