Short Interest in Husqvarna AB (publ) (OTCMKTS:HSQVY) Grows By 1,112.1%

Husqvarna AB (publ) (OTCMKTS:HSQVY) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 40,000 shares, a growth of 1,112.1% from the December 15th total of 3,300 shares. Based on an average daily volume of 258,900 shares, the short-interest ratio is presently 0.2 days.

Husqvarna AB (publ) Trading Up 1.6 %

OTCMKTS HSQVY traded up $0.16 on Wednesday, hitting $10.01. 160,825 shares of the stock were exchanged, compared to its average volume of 92,867. Husqvarna AB has a fifty-two week low of $9.81 and a fifty-two week high of $18.10. The company has a 50-day moving average price of $11.02 and a 200-day moving average price of $12.81.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last issued its earnings results on Wednesday, October 23rd. The company reported ($0.05) EPS for the quarter. The business had revenue of $934.91 million during the quarter.

Husqvarna AB (publ) Company Profile

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.