Husqvarna AB (publ) (OTCMKTS:HUSQF) Short Interest Down 12.9% in May

Husqvarna AB (publ) (OTCMKTS:HUSQF) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 1,785,600 shares, a drop of 12.9% from the April 30th total of 2,050,600 shares. Based on an average daily volume of 3,400 shares, the short-interest ratio is currently 525.2 days.

Husqvarna AB (publ) Stock Performance

OTCMKTS:HUSQF opened at $5.30 on Thursday. Husqvarna AB has a 12-month low of $4.51 and a 12-month high of $8.44. The stock’s 50 day moving average price is $4.99 and its two-hundred day moving average price is $5.23.

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.