Volkswagen AG (OTCMKTS:VWAGY) Short Interest Update

Volkswagen AG (OTCMKTS:VWAGY - Get Free Report) was the recipient of a large decrease in short interest in November. As of November 30th, there was short interest totalling 371,500 shares, a decrease of 23.3% from the November 15th total of 484,500 shares. Based on an average daily trading volume, of 1,143,200 shares, the days-to-cover ratio is currently 0.3 days.

Volkswagen Price Performance

VWAGY stock traded up $0.08 during trading on Friday, reaching $9.41. 551,740 shares of the stock traded hands, compared to its average volume of 323,405. The firm has a market capitalization of $47.17 billion, a PE ratio of 3.56, a P/E/G ratio of 1.03 and a beta of 1.37. The business's 50 day moving average price is $9.58 and its 200-day moving average price is $11.04. Volkswagen has a 52-week low of $8.57 and a 52-week high of $16.48.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter. Volkswagen had a return on equity of 6.37% and a net margin of 3.77%. The business had revenue of $86.25 billion during the quarter. On average, equities research analysts predict that Volkswagen will post 2.53 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Dbs Bank raised Volkswagen to a "hold" rating in a research note on Tuesday, October 1st. Barclays raised shares of Volkswagen to a "strong-buy" rating in a research note on Monday, September 23rd. Finally, Royal Bank of Canada lowered shares of Volkswagen from an "outperform" rating to a "sector perform" rating in a research report on Wednesday, November 6th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average 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.