Husqvarna AB (publ) (OTCMKTS:HSQVY) Sees Large Growth in Short Interest

Husqvarna AB (publ) (OTCMKTS:HSQVY) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 13,200 shares, a growth of 450.0% from the March 31st total of 2,400 shares. Based on an average daily volume of 16,900 shares, the short-interest ratio is currently 0.8 days.

Husqvarna AB (publ) Trading Up 0.5 %

Shares of OTCMKTS HSQVY traded up $0.07 during trading on Thursday, reaching $15.39. The company had a trading volume of 9,779 shares, compared to its average volume of 14,910. The company’s fifty day moving average price is $16.06 and its 200-day moving average price is $15.48. Husqvarna AB has a 12 month low of $12.25 and a 12 month high of $19.94.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last announced its earnings results on Thursday, March 28th. The company reported ($0.33) EPS for the quarter. The company had revenue of $808.73 million during the quarter.

About Husqvarna AB (publ)

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and lawn care power equipment. It operates through three divisions: Husqvarna Forest & Garden; Gardena; and Husqvarna Construction. The Husqvarna Forest & Garden division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts.