Volkswagen AG (OTCMKTS:VWAGY) Short Interest Up 24.7% in December

Volkswagen AG (OTCMKTS:VWAGY) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 463,400 shares, a growth of 24.7% from the November 30th total of 371,500 shares. Based on an average daily trading volume, of 1,142,900 shares, the short-interest ratio is presently 0.4 days.

Volkswagen Stock Performance

Volkswagen stock opened at $9.43 on Friday. The stock has a market capitalization of $47.27 billion, a price-to-earnings ratio of 3.57, a PEG ratio of 1.03 and a beta of 1.37. Volkswagen has a 52-week low of $8.57 and a 52-week high of $16.48. The stock’s 50 day moving average price is $9.34 and its two-hundred day moving average price is $10.69.

Volkswagen (OTCMKTS:VWAGY) last issued its earnings results on Wednesday, October 30th. The company reported $0.27 earnings per share for the quarter. Volkswagen had a return on equity of 6.37% and a net margin of 3.77%. The company had revenue of $86.25 billion for the quarter. On average, equities research analysts forecast that Volkswagen will post 2.53 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on VWAGY shares. Royal Bank of Canada lowered shares of Volkswagen from an “outperform” rating to a “sector perform” rating in a report on Wednesday, November 6th. Dbs Bank raised Volkswagen to a “hold” rating in a research note on Tuesday, October 1st. Finally, Barclays raised Volkswagen to a “strong-buy” rating in a research note on Monday, September 23rd. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.