Short Interest in Iveco Group (OTCMKTS:IVCGF) Declines By 40.7%

Iveco Group (OTCMKTS:IVCGF) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 1,099,200 shares, a decrease of 40.7% from the January 31st total of 1,853,500 shares. Based on an average daily trading volume, of 12,300 shares, the days-to-cover ratio is presently 89.4 days.

Iveco Group Price Performance

Shares of OTCMKTS:IVCGF traded up $1.14 during midday trading on Tuesday, hitting $16.77. The stock had a trading volume of 12,693 shares, compared to its average volume of 3,889. Iveco Group has a 12 month low of $9.16 and a 12 month high of $17.17. The business’s 50-day simple moving average is $12.37 and its 200-day simple moving average is $10.89.

About Iveco Group

Iveco Group N.V. engages in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense, and other applications worldwide. The company operates through three segments: Commercial and Specialty Vehicles, Powertrain, and Financial Services.