Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Up 556.2% in December

Atlas Copco AB (OTCMKTS:ATLKY) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 106,300 shares, an increase of 556.2% from the December 15th total of 16,200 shares. Based on an average daily volume of 448,500 shares, the days-to-cover ratio is currently 0.2 days.

Atlas Copco Stock Up 0.8 %

ATLKY stock traded up $0.13 during mid-day trading on Monday, reaching $15.76. 300,269 shares of the company traded hands, compared to its average volume of 284,561. The stock has a market cap of $76.83 billion, a price-to-earnings ratio of 28.14, a P/E/G ratio of 4.57 and a beta of 1.16. Atlas Copco has a fifty-two week low of $15.00 and a fifty-two week high of $20.03. The firm’s 50 day moving average price is $15.90 and its 200 day moving average price is $17.16. The company has a quick ratio of 1.08, a current ratio of 1.56 and a debt-to-equity ratio of 0.30.

Atlas Copco (OTCMKTS:ATLKY) last posted its earnings results on Wednesday, October 23rd. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). Atlas Copco had a return on equity of 29.00% and a net margin of 16.37%. The firm had revenue of $4.14 billion during the quarter. As a group, equities research analysts predict that Atlas Copco will post 0.55 EPS for the current fiscal year.

Atlas Copco Company Profile

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.