Short Interest in AB Electrolux (publ) (OTCMKTS:ELUXY) Expands By 100.0%

AB Electrolux (publ) (OTCMKTS:ELUXY) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 200 shares, a growth of 100.0% from the February 28th total of 100 shares. Based on an average daily trading volume, of 4,600 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Redburn Atlantic upgraded shares of AB Electrolux (publ) from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 21st.

AB Electrolux (publ) Price Performance

Shares of ELUXY traded down $0.01 during midday trading on Friday, reaching $16.90. The stock had a trading volume of 4,926 shares, compared to its average volume of 1,806. The company has a debt-to-equity ratio of 3.27, a current ratio of 0.93 and a quick ratio of 0.64. The company has a market capitalization of $2.39 billion, a P/E ratio of -17.07 and a beta of 1.22. The firm’s 50 day moving average price is $17.96 and its 200-day moving average price is $17.49. AB Electrolux has a 52 week low of $14.19 and a 52 week high of $20.11.

AB Electrolux (publ) (OTCMKTS:ELUXY) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.10 earnings per share (EPS) for the quarter. AB Electrolux (publ) had a negative net margin of 1.04% and a negative return on equity of 14.19%. On average, analysts forecast that AB Electrolux will post 2.13 earnings per share for the current fiscal year.

AB Electrolux (publ) Company Profile

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances worldwide. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories.