Atlas Copco AB (OTCMKTS:ATLKY) Sees Significant Increase in Short Interest

Atlas Copco AB (OTCMKTS:ATLKY) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 154,900 shares, an increase of 597.7% from the February 28th total of 22,200 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 316,000 shares, the short-interest ratio is currently 0.5 days.

Atlas Copco Stock Performance

OTCMKTS ATLKY traded down $0.47 during trading hours on Wednesday, hitting $16.54. 136,324 shares of the company’s stock traded hands, compared to its average volume of 440,437. The business’s fifty day moving average price is $17.16 and its two-hundred day moving average price is $16.91. The company has a current ratio of 1.72, a quick ratio of 1.20 and a debt-to-equity ratio of 0.28. Atlas Copco has a 52 week low of $15.00 and a 52 week high of $20.03. The firm has a market capitalization of $80.63 billion, a P/E ratio of 28.52, a P/E/G ratio of 4.99 and a beta of 1.21.

Atlas Copco (OTCMKTS:ATLKY) last announced its quarterly earnings data on Tuesday, January 28th. The industrial products company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.14 by $0.01. Atlas Copco had a return on equity of 28.31% and a net margin of 16.84%. Equities research analysts predict that Atlas Copco will post 0.55 EPS for the current year.

About Atlas Copco

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.