Volkswagen AG (OTCMKTS:VWAGY) Short Interest Down 12.6% in March

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

Volkswagen Trading Down 3.3 %

Shares of Volkswagen stock traded down $0.33 during trading hours on Friday, reaching $9.70. 540,412 shares of the company's stock were exchanged, compared to its average volume of 253,309. Volkswagen has a 52-week low of $8.57 and a 52-week high of $16.29. The company has a fifty day moving average of $10.91 and a 200-day moving average of $10.16. The firm has a market capitalization of $48.63 billion, a price-to-earnings 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 report 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

Volkswagen Company Profile

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.