Husqvarna AB (publ) (OTCMKTS:HSQVY) Stock Short Interest Report for October

Husqvarna AB (publ) (OTCMKTS:HSQVY) saw a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 12,145 shares, a drop of 85.4% from the October 15th total of 83,182 shares. Based on an average trading volume of 82,813 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Danske cut Husqvarna AB (publ) to a “hold” rating in a research report on Thursday, October 22nd. Two research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, Husqvarna AB (publ) currently has an average rating of “Hold”.

Husqvarna AB (publ) Stock Down 0.7%

HSQVY traded down $0.04 during midday trading on Thursday, reaching $6.67. The company had a trading volume of 3,146 shares, compared to its average volume of 87,772. Husqvarna AB has a 12-month low of $6.33 and a 12-month high of $10.54. The business has a 50-day moving average price of $7.09 and a two-hundred day moving average price of $8.30.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last issued its quarterly earnings results on Wednesday, October 21st. The company reported ($0.12) earnings per share (EPS) for the quarter. The firm had revenue of $934.26 million for the quarter.

Husqvarna AB (publ) Company Profile

Husqvarna AB (publ) is a Sweden-based company that develops, manufactures and sells outdoor power products, watering equipment and solutions for professional and consumer users. Its product portfolio includes chainsaws, trimmers, brushcutters, lawn mowers, robotic lawn mowers, ride-on mowers and other equipment used in forestry, landscaping and garden maintenance. The company also offers irrigation and gardening products through its Gardena business, including watering systems, pumps, hoses and garden tools.