Short Interest in Husqvarna AB (publ) (OTCMKTS:HSQVY) Expands By 139.1%

Husqvarna AB (publ) (OTCMKTS:HSQVY) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 11,000 shares, a growth of 139.1% from the June 30th total of 4,600 shares. Based on an average daily volume of 52,200 shares, the short-interest ratio is currently 0.2 days.

Husqvarna AB (publ) Price Performance

HSQVY stock traded down $0.04 during mid-day trading on Friday, reaching $13.38. 81,799 shares of the company traded hands, compared to its average volume of 16,476. Husqvarna AB has a fifty-two week low of $12.25 and a fifty-two week high of $19.94. The firm’s 50 day moving average price is $16.36 and its 200 day moving average price is $16.06.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last released its quarterly earnings results on Thursday, July 18th. The company reported $0.42 earnings per share (EPS) for the quarter. The company had revenue of $1.44 billion 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.