Volkswagen AG (OTCMKTS:VWAPY) Short Interest Up 63.3% in July

Volkswagen AG (OTCMKTS:VWAPY) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 83,303 shares, a growth of 63.3% from the July 15th total of 51,018 shares. Based on an average daily volume of 299,393 shares, the short-interest ratio is currently 0.3 days.

Volkswagen Price Performance

Shares of VWAPY opened at $8.46 on Monday. The business’s 50 day moving average price is $8.72 and its 200-day moving average price is $10.05. Volkswagen has a 52 week low of $7.86 and a 52 week high of $12.72.

About Volkswagen

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.