Husqvarna AB (publ) (OTCMKTS:HSQVY) Short Interest Update

Husqvarna AB (publ) (OTCMKTS:HSQVY) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 40,000 shares, an increase of 1,112.1% from the December 15th total of 3,300 shares. Based on an average daily volume of 258,900 shares, the short-interest ratio is currently 0.2 days.

Husqvarna AB (publ) Price Performance

Shares of HSQVY stock traded down $0.12 during mid-day trading on Monday, hitting $10.03. The stock had a trading volume of 30,950 shares, compared to its average volume of 81,392. The firm’s 50-day moving average is $11.14 and its two-hundred day moving average is $12.90. Husqvarna AB has a 12-month low of $10.03 and a 12-month high of $18.10.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported ($0.05) earnings per share (EPS) for the quarter. The firm had revenue of $934.91 million for the quarter.

About Husqvarna AB (publ)

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and lawn care power equipment. It operates through three divisions: Husqvarna Forest & Garden; Gardena; and Husqvarna Construction. The Husqvarna Forest & Garden division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts.