Husqvarna AB (publ) (OTCMKTS:HSQVY) Short Interest Up 55.7% in October

Husqvarna AB (publ) (OTCMKTS:HSQVY) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 39,400 shares, an increase of 55.7% from the October 15th total of 25,300 shares. Based on an average daily trading volume, of 65,400 shares, the short-interest ratio is currently 0.6 days.

Husqvarna AB (publ) Price Performance

Shares of OTCMKTS:HSQVY opened at $11.68 on Friday. The business’s 50 day simple moving average is $12.99 and its 200-day simple moving average is $14.55. Husqvarna AB has a 12 month low of $11.62 and a 12 month high of $18.10.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported ($0.05) earnings per share (EPS) for the quarter. The company 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.