Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Up 20.1% in May

Atlas Copco AB (OTCMKTS:ATLKY) saw a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 32,200 shares, an increase of 20.1% from the May 15th total of 26,800 shares. Based on an average trading volume of 188,200 shares, the short-interest ratio is currently 0.2 days.

Atlas Copco Stock Performance

Shares of Atlas Copco stock traded down $0.32 during mid-day trading on Friday, hitting $19.03. The stock had a trading volume of 198,793 shares, compared to its average volume of 100,822. The firm has a 50-day moving average of $18.21 and a two-hundred day moving average of $17.19. Atlas Copco has a 12-month low of $12.33 and a 12-month high of $20.03. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.15 and a current ratio of 1.71.

Atlas Copco (OTCMKTS:ATLKY) last posted its quarterly earnings data on Wednesday, April 24th. The industrial products company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. The firm had revenue of $4.13 billion during the quarter. Atlas Copco had a net margin of 16.33% and a return on equity of 30.63%. Research analysts predict that Atlas Copco will post 0.57 earnings per share for the current fiscal year.

Atlas Copco Company Profile

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.