Short Interest in Husqvarna AB (publ) (OTCMKTS:HSQVY) Increases By 1,112.1%

Husqvarna AB (publ) (OTCMKTS:HSQVY) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 40,000 shares, an increase of 1,112.1% from the December 15th total of 3,300 shares. Based on an average trading volume of 258,900 shares, the short-interest ratio is presently 0.2 days.

Husqvarna AB (publ) Price Performance

HSQVY traded down $0.18 during midday trading on Tuesday, reaching $9.85. The company’s stock had a trading volume of 94,456 shares, compared to its average volume of 83,251. The stock’s 50-day moving average is $11.08 and its 200-day moving average is $12.85. Husqvarna AB has a 1 year low of $9.81 and a 1 year high of $18.10.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported ($0.05) earnings per share for the quarter. The company had revenue of $934.91 million for the quarter.

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.