Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Up 1,520.0% in December

Atlas Copco AB (OTCMKTS:ATLKY) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 16,200 shares, an increase of 1,520.0% from the November 30th total of 1,000 shares. Based on an average daily volume of 302,000 shares, the short-interest ratio is currently 0.1 days.

Atlas Copco Price Performance

Shares of OTCMKTS ATLKY opened at $15.44 on Friday. Atlas Copco has a fifty-two week low of $15.00 and a fifty-two week high of $20.03. The company has a market cap of $75.27 billion, a PE ratio of 27.57, a P/E/G ratio of 4.57 and a beta of 1.16. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.08 and a current ratio of 1.56. The business has a 50-day simple moving average of $16.16 and a two-hundred day simple moving average of $17.44.

Atlas Copco (OTCMKTS:ATLKY) last released its earnings results on Wednesday, October 23rd. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). The firm had revenue of $4.14 billion during the quarter. Atlas Copco had a net margin of 16.37% and a return on equity of 29.00%. As a group, equities analysts expect that Atlas Copco will post 0.55 EPS for the current fiscal year.

About Atlas Copco

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.