Husqvarna AB (publ) (OTCMKTS:HSQVY) Short Interest Up 450.0% in April

Husqvarna AB (publ) (OTCMKTS:HSQVY) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 13,200 shares, an increase of 450.0% from the March 31st total of 2,400 shares. Based on an average daily trading volume, of 16,900 shares, the days-to-cover ratio is currently 0.8 days.

Husqvarna AB (publ) Price Performance

HSQVY traded up $0.58 on Friday, reaching $15.97. The stock had a trading volume of 11,178 shares, compared to its average volume of 14,873. The firm has a 50-day moving average of $16.08 and a 200-day moving average of $15.49. Husqvarna AB has a fifty-two week low of $12.25 and a fifty-two week high of $19.94.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last released its earnings results on Thursday, March 28th. The company reported ($0.33) EPS for the quarter. The company had revenue of $808.73 million during the quarter.

About Husqvarna AB (publ)

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.