Short Interest in AB Electrolux (publ) (OTCMKTS:ELUXY) Declines By 66.7%

AB Electrolux (publ) (OTCMKTS:ELUXY) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a drop of 66.7% from the January 31st total of 300 shares. Based on an average daily trading volume, of 3,900 shares, the days-to-cover ratio is currently 0.0 days.

AB Electrolux (publ) Stock Performance

ELUXY stock traded down $0.30 on Friday, reaching $16.91. 5,023 shares of the company were exchanged, compared to its average volume of 1,631. The firm has a market capitalization of $2.39 billion, a PE ratio of -17.08 and a beta of 1.23. AB Electrolux has a 12 month low of $14.19 and a 12 month high of $20.11. The stock’s fifty day moving average price is $17.49 and its 200 day moving average price is $17.62. The company has a debt-to-equity ratio of 3.27, a current ratio of 0.93 and a quick ratio of 0.64.

AB Electrolux (publ) (OTCMKTS:ELUXY) last posted its quarterly earnings data on Thursday, January 30th. The company reported $0.10 earnings per share (EPS) for the quarter. AB Electrolux (publ) had a negative net margin of 1.04% and a negative return on equity of 14.19%. On average, research analysts anticipate that AB Electrolux will post 2.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Redburn Atlantic upgraded AB Electrolux (publ) from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 21st.

AB Electrolux (publ) Company Profile

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances worldwide. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories.