Husqvarna AB (publ) (OTCMKTS:HUSQF) Sees Large Increase in Short Interest

Husqvarna AB (publ) (OTCMKTS:HUSQF) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,980,200 shares, an increase of 17.8% from the October 31st total of 1,680,500 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 4,950.5 days.

Husqvarna AB (publ) Price Performance

Shares of HUSQF stock remained flat at $5.45 during trading on Monday. 7,355 shares of the stock were exchanged, compared to its average volume of 2,569. The firm’s 50 day moving average is $6.25 and its two-hundred day moving average is $7.15. Husqvarna AB has a twelve month low of $5.45 and a twelve month high of $8.56.

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.