Short Interest in AB Volvo (publ) (OTCMKTS:VOLVF) Drops By 16.7%

AB Volvo (publ) (OTCMKTS:VOLVF) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totalling 2,372,000 shares, a decrease of 16.7% from the June 15th total of 2,848,800 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 3,388.6 days.

AB Volvo (publ) Trading Up 2.4 %

VOLVF stock opened at C$25.20 on Monday. AB Volvo has a 1-year low of C$19.15 and a 1-year high of C$30.30. The business’s 50 day moving average is C$26.19 and its 200-day moving average is C$26.22.

About AB Volvo (publ)

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands.