Husqvarna AB (publ) (OTCMKTS:HSQVY) Short Interest Down 79.4% in May

Husqvarna AB (publ) (OTCMKTS:HSQVY) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 25,074 shares, a decrease of 79.4% from the May 14th total of 121,896 shares. Based on an average daily volume of 21,793 shares, the short-interest ratio is presently 1.2 days.

Husqvarna AB (publ) Trading Up 0.3%

Shares of OTCMKTS:HSQVY traded up $0.03 during trading hours on Friday, reaching $8.82. The stock had a trading volume of 20,683 shares, compared to its average volume of 84,703. Husqvarna AB has a 1 year low of $7.44 and a 1 year high of $12.20. The firm’s 50 day moving average is $9.09 and its 200-day moving average is $9.39.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last announced its quarterly earnings data on Thursday, April 23rd. The company reported $0.45 EPS for the quarter. The firm had revenue of $1.53 billion during the quarter.

About Husqvarna AB (publ)

Husqvarna AB (publ) is a Sweden-based global leader in outdoor power products, serving both consumer and professional markets. The company’s core offerings include chainsaws, trimmers, robotic lawn mowers, ride-on mowers, hedge trimmers and garden tractors. Husqvarna also provides light construction products such as demolition robots, surface preparation equipment and power cutters under its Construction division. These products are marketed under several brands, including Husqvarna, Gardena, McCulloch and Flymo, each tailored to specific customer segments.

Founded in 1689 as a royal arms foundry, Husqvarna has evolved over more than three centuries into an international manufacturing group.