Volvo Car AB (publ.) (OTCMKTS:VLVOF) Short Interest Update

Volvo Car AB (publ.) (OTCMKTS:VLVOF) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 878,910 shares, a drop of 71.5% from the June 15th total of 3,086,851 shares. Based on an average daily volume of 4,189 shares, the days-to-cover ratio is currently 209.8 days.

Volvo Car AB (publ.) Stock Performance

OTCMKTS:VLVOF opened at $2.16 on Monday. The stock’s 50-day moving average is $2.28 and its 200-day moving average is $2.65. Volvo Car AB has a 1-year low of $1.82 and a 1-year high of $3.70.

Volvo Car AB (publ.) Company Profile

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.