Short Interest in Atlas Copco AB (OTCMKTS:ATLKY) Decreases By 17.7%

Atlas Copco AB (OTCMKTS:ATLKY) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 26,500 shares, a decrease of 17.7% from the May 31st total of 32,200 shares. Based on an average daily volume of 247,000 shares, the days-to-cover ratio is currently 0.1 days.

Atlas Copco Stock Performance

OTCMKTS:ATLKY opened at $18.87 on Friday. The company has a current ratio of 1.71, a quick ratio of 1.15 and a debt-to-equity ratio of 0.30. The company’s 50 day moving average price is $18.65 and its 200-day moving average price is $17.42. Atlas Copco has a 52 week low of $12.33 and a 52 week high of $20.03.

Atlas Copco (OTCMKTS:ATLKY) last posted its earnings results on Wednesday, April 24th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01. Atlas Copco had a net margin of 16.33% and a return on equity of 30.63%. The business had revenue of $4.13 billion for the quarter. As a group, sell-side analysts predict that Atlas Copco will post 0.57 earnings per share for the current 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.