Volkswagen AG (OTCMKTS:VWAGY) Short Interest Update

Volkswagen AG (OTCMKTS:VWAGY - Get Free Report) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 599,100 shares, a decline of 12.6% from the February 28th total of 685,600 shares. Approximately 0.0% of the company's shares are short sold. Based on an average trading volume of 600,800 shares, the days-to-cover ratio is currently 1.0 days.

Volkswagen Trading Down 3.3 %

Shares of VWAGY traded down $0.33 on Friday, reaching $9.70. 540,412 shares of the company's stock were exchanged, compared to its average volume of 258,106. The business has a 50 day moving average price of $10.89 and a two-hundred day moving average price of $10.14. Volkswagen has a 12 month low of $8.57 and a 12 month high of $16.29. The stock has a market capitalization of $48.63 billion, a P/E ratio of 3.67, a price-to-earnings-growth ratio of 1.03 and a beta of 1.31.

Analyst Ratings Changes

Separately, UBS Group raised Volkswagen from a "strong sell" rating to a "hold" rating in a research note on Monday, March 17th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold".

About Volkswagen

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.