Atlas Copco AB (OTCMKTS:ATLKY) Sees Significant Growth in Short Interest

Atlas Copco AB (OTCMKTS:ATLKY - Get Free Report) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 106,300 shares, an increase of 556.2% from the December 31st total of 16,200 shares. Based on an average daily trading volume, of 448,500 shares, the short-interest ratio is currently 0.2 days.

Atlas Copco Price Performance

OTCMKTS:ATLKY traded up $0.02 during midday trading on Friday, hitting $16.67. 110,921 shares of the stock were exchanged, compared to its average volume of 252,723. The company has a market capitalization of $81.27 billion, a price-to-earnings ratio of 28.74, a P/E/G ratio of 4.37 and a beta of 1.16. The company has a current ratio of 1.56, a quick ratio of 1.08 and a debt-to-equity ratio of 0.30. Atlas Copco has a one year low of $15.00 and a one year high of $20.03. The business has a 50-day moving average price of $16.04 and a two-hundred day moving average price of $16.96.

Atlas Copco (OTCMKTS:ATLKY - Get Free Report) last announced its quarterly earnings data on Tuesday, January 28th. The industrial products company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.01. Atlas Copco had a return on equity of 29.11% and a net margin of 16.84%. Sell-side analysts predict that Atlas Copco will post 0.58 EPS for the current year.

About Atlas Copco

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.