Short Interest in Iveco Group (OTCMKTS:IVCGF) Increases By 33.5%

Iveco Group (OTCMKTS:IVCGF) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 1,690,900 shares, an increase of 33.5% from the February 28th total of 1,266,300 shares. Based on an average trading volume of 8,400 shares, the days-to-cover ratio is currently 201.3 days.

Iveco Group Price Performance

Shares of OTCMKTS:IVCGF traded down $0.14 during trading on Tuesday, reaching $16.14. 1,311 shares of the stock were exchanged, compared to its average volume of 3,579. The stock has a fifty day moving average of $15.36 and a two-hundred day moving average of $11.91. Iveco Group has a 1-year low of $9.16 and a 1-year high of $18.62.

Iveco Group Company Profile

Iveco Group N.V. engages in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense, and other applications worldwide. The company operates through three segments: Commercial and Specialty Vehicles, Powertrain, and Financial Services.