Short Interest in Volkswagen AG (OTCMKTS:VWAPY) Grows By 134.0%

Volkswagen AG (OTCMKTS:VWAPY) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 15,713 shares, a growth of 134.0% from the February 12th total of 6,716 shares. Based on an average daily trading volume, of 80,809 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 80,809 shares, the days-to-cover ratio is currently 0.2 days.

Volkswagen Stock Down 3.9%

OTCMKTS:VWAPY opened at $10.15 on Friday. The company has a 50-day moving average of $11.75 and a 200-day moving average of $11.47. Volkswagen has a 52 week low of $8.99 and a 52 week 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.