Hexagon AB (publ) (OTCMKTS:HXGBY) Sees Significant Increase in Short Interest

Hexagon AB (publ) (OTCMKTS:HXGBY) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 140,000 shares, a growth of 131.0% from the September 30th total of 60,600 shares. Based on an average trading volume of 365,300 shares, the days-to-cover ratio is presently 0.4 days.

Hexagon AB (publ) Trading Up 3.0 %

Shares of HXGBY opened at $9.82 on Monday. Hexagon AB has a 52-week low of $7.82 and a 52-week high of $12.35. The business’s fifty day moving average is $9.99 and its 200-day moving average is $10.54.

Hexagon AB (publ) (OTCMKTS:HXGBY) last released its quarterly earnings data on Friday, July 26th. The company reported $0.12 earnings per share for the quarter. The business had revenue of $1.46 billion during the quarter.

Hexagon AB (publ) Company Profile

Hexagon AB (publ) provides geospatial and industrial enterprise solutions worldwide. The company offers analysis and management, machine control, embedded electronics, monitoring, and planning and optimization solutions to agriculture division; 3D design and visualization, enterprise asset and asset lifecycle management, OT/ICS cyber security, engineering and schematics, enterprise project performance, operation and maintenance, procurement, fabrication, and construction services for asset lifecycle intelligence division; GNSS and SMART antennas, anti-jam systems, autonomy kits and services, correction services, GNSS/INS receivers and post processing, resilience and integrity technology, and visualization software for autonomy and positioning division; and 3D surveillance, AEC and survey software, geospatial content, machine control, digital realities platform, laser scanning and measurement tools, levels, total stations, airborne, monitoring, document and verification solutions, detection, GNSS, and mobile mapping system to geosystem division.