Volkswagen AG (OTCMKTS:VWAPY) Sees Large Increase in Short Interest

Volkswagen AG (OTCMKTS:VWAPY – Get Free Report) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totalling 65,400 shares, a growth of 14.7% from the July 15th total of 57,000 shares. Based on an average trading volume of 304,600 shares, the days-to-cover ratio is currently 0.2 days.

Volkswagen Stock Performance

Shares of OTCMKTS:VWAPY opened at 12.76 on Monday. The business has a 50-day moving average of 13.44 and a two-hundred day moving average of 13.51. Volkswagen has a 12 month low of 11.65 and a 12 month high of 15.60.

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About Volkswagen

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Volkswagen AG manufactures and sells automobiles in Germany, Europe, 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. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; and production and sale of passenger cars and light commercial vehicles, and related parts.

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