VOLVO AB AMERICAN DEPOSITARY RECEIPTS – (OTCMKTS:VLVLY) Sellers Increased By 95.12% Their Shorts

May 3, 2018 - By Rebecca Betts

AB Volvo (OTCMKTS:publ) Corporate Logo

VOLVO AB AMERICAN DEPOSITARY RECEIPTS – (OTCMKTS:VLVLY) reported an increase of 95.12% in short interest. FINRA announced in May VLVLY’s total 8,000 short interest. The 4,100 previous shares are up with 95.12%. 0 days will cost VLVLY with 72,100 average volume to recover its former position.

Ticker’s shares touched $17.0725 during the last trading session after 0.31% change.AB Volvo has volume of 3,055 shares. Since May 3, 2017 publ has 0.00% and is . publ underperformed the S&P 500 by 11.55%.

AB Volvo , together with its subsidiaries, makes and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, and internationally.The firm is worth $34.61 billion. The firm offers trucks for long-haulage, construction, and distribution purposes under the Volvo, UD, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and bus chassis under the Volvo, Prevost, Nova Bus, UD Bus, and Sunwin brands.The P/E ratio is 13.89. It also provides equipment used at construction sites, including pavers, compactors, excavators, wheel loaders, and articulated and rigid dump trucks under the brand names of Volvo, SDLG, and Terex Trucks.

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