Short Interest in Husqvarna AB (publ) (OTCMKTS:HUSQF) Rises By 16.2%

Husqvarna AB (publ) (OTCMKTS:HUSQF) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 2,331,084 shares, an increase of 16.2% from the March 31st total of 2,005,966 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Husqvarna AB (publ) Price Performance

OTCMKTS:HUSQF opened at $4.50 on Friday. The stock has a 50 day moving average price of $4.43 and a 200 day moving average price of $5.02. Husqvarna AB has a one year low of $4.10 and a one year high of $5.07.

Husqvarna AB (publ) Company Profile

Husqvarna AB (publ) is a Swedish-based global manufacturer of outdoor power products, serving both consumer and professional markets. The company’s portfolio includes chainsaws, trimmers, brushcutters, robotic mowers, ride-on lawn mowers, garden tractors, hedge trimmers and pressure washers. Husqvarna also offers a range of construction products such as light towers, handheld power cutters and demolition robots under its Construction division.

Husqvarna operates through several business segments, including the Forestry & Garden division for consumer and professional forestry and landscaping equipment, the Lawn & Garden division for residential lawn care products, and the Construction division for infrastructure and demolition solutions.