Short Interest in Husqvarna AB (publ) (OTCMKTS:HSQVY) Decreases By 79.4%

Husqvarna AB (publ) (OTCMKTS:HSQVYGet Free Report) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 25,074 shares, a decrease of 79.4% from the May 14th total of 121,896 shares. Based on an average daily trading volume, of 21,793 shares, the short-interest ratio is currently 1.2 days.

Husqvarna AB (publ) Price Performance

HSQVY stock opened at $8.81 on Wednesday. Husqvarna AB has a 1 year low of $7.44 and a 1 year high of $12.20. The firm has a 50-day moving average of $9.06 and a 200 day moving average of $9.40.

Husqvarna AB (publ) (OTCMKTS:HSQVYGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $0.45 earnings per share for the quarter. The company had revenue of $1.53 billion for the quarter.

Husqvarna AB (publ) Company Profile

(Get Free Report)

Husqvarna AB (publ) is a Sweden-based global leader in outdoor power products, serving both consumer and professional markets. The company’s core offerings include chainsaws, trimmers, robotic lawn mowers, ride-on mowers, hedge trimmers and garden tractors. Husqvarna also provides light construction products such as demolition robots, surface preparation equipment and power cutters under its Construction division. These products are marketed under several brands, including Husqvarna, Gardena, McCulloch and Flymo, each tailored to specific customer segments.

Founded in 1689 as a royal arms foundry, Husqvarna has evolved over more than three centuries into an international manufacturing group.

Recommended Stories

Receive News & Ratings for Husqvarna AB (publ) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Husqvarna AB (publ) and related companies with MarketBeat.com's FREE daily email newsletter.