Husqvarna AB (publ) (OTCMKTS:HSQVY) Short Interest Update

Husqvarna AB (publ) (OTCMKTS:HSQVY) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 13,200 shares, an increase of 450.0% from the March 31st total of 2,400 shares. Based on an average daily trading volume, of 16,900 shares, the days-to-cover ratio is currently 0.8 days.

Husqvarna AB (publ) Price Performance

Shares of HSQVY stock traded up $0.07 during trading hours on Thursday, reaching $15.39. The stock had a trading volume of 9,779 shares, compared to its average volume of 14,910. The stock’s fifty day simple moving average is $16.06 and its 200 day simple moving average is $15.48. Husqvarna AB has a 12 month low of $12.25 and a 12 month high of $19.94.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last announced its quarterly earnings results on Thursday, March 28th. The company reported ($0.33) EPS for the quarter. The business had revenue of $808.73 million for the quarter.

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.