Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) Short Interest Up 374.4% in January

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 33,636 shares, a growth of 374.4% from the December 31st total of 7,090 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 39,486 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 39,486 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.0% of the shares of the company are short sold.

Aston Martin Lagonda Global Stock Down 1.3%

Shares of OTCMKTS ARGGY opened at $0.82 on Friday. Aston Martin Lagonda Global has a one year low of $0.71 and a one year high of $1.60. The stock’s fifty day moving average price is $0.83 and its two-hundred day moving average price is $0.90.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on ARGGY. HSBC reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a report on Tuesday, January 13th. The Goldman Sachs Group initiated coverage on shares of Aston Martin Lagonda Global in a research note on Sunday, November 23rd. They set a “hold” rating for the company. Five equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Aston Martin Lagonda Global presently has a consensus rating of “Hold”.

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.