Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Up 467.7% in February

Atlas Copco AB (OTCMKTS:ATLKY) was the target of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 35,200 shares, a growth of 467.7% from the January 31st total of 6,200 shares. Based on an average daily trading volume, of 249,200 shares, the short-interest ratio is presently 0.1 days.

Atlas Copco Stock Performance

Atlas Copco stock traded up $0.15 during mid-day trading on Friday, reaching $17.01. 11,877,867 shares of the company were exchanged, compared to its average volume of 574,317. Atlas Copco has a twelve month low of $15.00 and a twelve month high of $20.03. The firm’s 50-day simple moving average is $16.50 and its two-hundred day simple moving average is $16.96. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.20 and a current ratio of 1.72. The firm has a market cap of $82.92 billion, a PE ratio of 29.33, a price-to-earnings-growth ratio of 4.99 and a beta of 1.16.

Atlas Copco (OTCMKTS:ATLKY) last issued its quarterly earnings results on Tuesday, January 28th. The industrial products company reported $0.15 earnings per share for the quarter, topping 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 analysts predict that Atlas Copco will post 0.55 earnings per share for the current fiscal 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.