Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) Short Interest Down 43.1% in July

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 86,283 shares, a decrease of 43.1% from the July 15th total of 151,756 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 134,178 shares, the days-to-cover ratio is presently 0.6 days.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ARGGY shares. Citigroup reaffirmed a “neutral” rating on shares of Aston Martin Lagonda Global in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Thursday, July 30th. Five research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Aston Martin Lagonda Global Stock Down 0.6%

Shares of Aston Martin Lagonda Global stock opened at $0.46 on Tuesday. Aston Martin Lagonda Global has a 12 month low of $0.41 and a 12 month high of $1.12. The business has a fifty day simple moving average of $0.49 and a 200-day simple moving average of $0.58.

About Aston Martin Lagonda Global

Aston Martin Lagonda Global plc is the holding company for Aston Martin Lagonda, a British manufacturer specializing in luxury performance automobiles. The company designs, engineers and assembles a portfolio of high-end sports cars, grand tourers and luxury SUVs. Its product range includes long-standing model lines such as the DB series and Vantage, as well as the DBX SUV, and a limited number of flagship hypercars including the Valkyrie and Valhalla. Under its Lagonda marque, the company is also developing all-electric luxury vehicles aimed at the ultra-premium segment.

Manufacturing and R&D are centered at its headquarters in Gaydon, Warwickshire, England, where the company integrates bespoke craftsmanship with advanced technologies.