Volvo Car AB (publ.) (OTCMKTS:VLVOF) Short Interest Up 143.7% in June

Volvo Car AB (publ.) (OTCMKTS:VLVOF) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 3,086,851 shares, a growth of 143.7% from the May 31st total of 1,266,733 shares. Based on an average daily trading volume, of 1,398 shares, the days-to-cover ratio is currently 2,208.0 days.

Volvo Car AB (publ.) Stock Performance

Volvo Car AB (publ.) stock opened at $1.91 on Monday. The firm has a 50-day moving average of $2.35 and a 200-day moving average of $2.75. Volvo Car AB has a one year low of $1.82 and a one year high of $3.70.

About Volvo Car AB (publ.)

Volvo Car AB (publ.) designs, develops, manufactures, markets, assembles, and sells passenger cars in Europe, China, the United States, and internationally. The company offers sedans and SUV vehicles under the Volvo brand; and electric cars under the Volvo and Polestar brands. It also provides vehicle parts and accessories, as well as sells online. The company was founded in 1927 and is headquartered in Gothenburg, Sweden. Volvo Car AB (publ.) is a subsidiary of Geely Sweden Holdings AB.