Hexagon AB (publ) (OTCMKTS:HXGBY) Sees Significant Drop in Short Interest

Hexagon AB (publ) (OTCMKTS:HXGBY) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 72,400 shares, a drop of 15.9% from the June 30th total of 86,100 shares. Based on an average daily trading volume, of 137,700 shares, the short-interest ratio is currently 0.5 days.

Hexagon AB (publ) Trading Up 1.0 %

OTCMKTS:HXGBY traded up $0.10 on Tuesday, hitting $9.92. The stock had a trading volume of 192,773 shares, compared to its average volume of 76,837. The firm’s fifty day simple moving average is $11.05 and its two-hundred day simple moving average is $11.24. Hexagon AB has a 1 year low of $7.82 and a 1 year high of $12.35.

Hexagon AB (publ) (OTCMKTS:HXGBY) last issued its quarterly earnings results on Friday, July 26th. The company reported $0.12 earnings per share (EPS) for the quarter. The company 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.