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Husqvarna AB (publ) (OTCMKTS:HSQVY – Get Free Report) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 20,299 shares, a decrease of 81.4% from the July 30th total of 108,890 shares. Based on an average daily volume of 39,470 shares, the short-interest ratio is currently 0.5 days.
Husqvarna AB (publ) Stock Up 0.5%
HSQVY stock traded up $0.04 during trading on Friday, reaching $7.92. The company had a trading volume of 4,669 shares, compared to its average volume of 101,493. Husqvarna AB has a twelve month low of $7.28 and a twelve month high of $11.41. The firm has a 50-day simple moving average of $7.90 and a 200-day simple moving average of $8.61.
Husqvarna AB (publ) (OTCMKTS:HSQVY – Get Free Report) last issued its earnings results on Friday, July 17th. The company reported $0.48 earnings per share (EPS) for the quarter. The business had revenue of $1.54 billion for 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.
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