Hexagon AB (publ) (OTCMKTS:HXGBY) Sees Large Growth in Short Interest

Hexagon AB (publ) (OTCMKTS:HXGBY) was the target of a large increase in short interest in August. As of August 31st, there was short interest totalling 19,200 shares, an increase of 236.8% from the August 15th total of 5,700 shares. Based on an average daily volume of 154,400 shares, the days-to-cover ratio is currently 0.1 days.

Hexagon AB (publ) Trading Up 1.6 %

OTCMKTS HXGBY traded up $0.15 on Thursday, hitting $9.70. 96,159 shares of the stock traded hands, compared to its average volume of 83,761. The stock has a 50-day moving average of $10.18 and a 200 day moving average of $10.95. Hexagon AB has a twelve month low of $7.82 and a twelve month high of $12.35.

Hexagon AB (publ) (OTCMKTS:HXGBY) last posted its quarterly earnings results on Friday, July 26th. The company reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $1.46 billion for the quarter.

About Hexagon AB (publ)

Hexagon AB (publ) provides geospatial and industrial enterprise solutions worldwide. The company offers analysis and management, machine control, embedded electronics, monitoring, and planning and optimization solutions to agriculture division; 3D design and visualization, enterprise asset and asset lifecycle management, OT/ICS cyber security, engineering and schematics, enterprise project performance, operation and maintenance, procurement, fabrication, and construction services for asset lifecycle intelligence division; GNSS and SMART antennas, anti-jam systems, autonomy kits and services, correction services, GNSS/INS receivers and post processing, resilience and integrity technology, and visualization software for autonomy and positioning division; and 3D surveillance, AEC and survey software, geospatial content, machine control, digital realities platform, laser scanning and measurement tools, levels, total stations, airborne, monitoring, document and verification solutions, detection, GNSS, and mobile mapping system to geosystem division.