Husqvarna AB (publ) (OTCMKTS:HSQVY) Short Interest Update

Husqvarna AB (publ) (OTCMKTS:HSQVY) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 3,400 shares, a growth of 78.9% from the September 15th total of 1,900 shares. Based on an average daily volume of 56,100 shares, the short-interest ratio is currently 0.1 days.

Husqvarna AB (publ) Price Performance

Shares of OTCMKTS:HSQVY opened at $13.25 on Monday. The company’s 50 day moving average is $13.24 and its two-hundred day moving average is $15.10. Husqvarna AB has a 52 week low of $11.92 and a 52 week high of $18.10.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last released its quarterly earnings results on Thursday, July 18th. The company reported $0.42 earnings per share (EPS) for the quarter. The firm had revenue of $1.44 billion for 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.