Short Interest in Husqvarna AB (publ) (OTCMKTS:HUSQF) Rises By 50.1%

Husqvarna AB (publ) (OTCMKTS:HUSQF) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 2,240,900 shares, an increase of 50.1% from the May 31st total of 1,492,800 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is currently 3,201.3 days.

Husqvarna AB (publ) Stock Performance

Shares of OTCMKTS:HUSQF opened at $8.17 on Monday. Husqvarna AB has a 52 week low of $6.80 and a 52 week high of $9.76. The firm has a 50 day simple moving average of $7.91 and a 200 day simple moving average of $7.88.

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.