Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Up 597.7% in March

Atlas Copco AB (OTCMKTS:ATLKY) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 154,900 shares, a growth of 597.7% from the February 28th total of 22,200 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 316,000 shares, the days-to-cover ratio is presently 0.5 days.

Atlas Copco Stock Performance

Shares of ATLKY opened at $16.64 on Friday. The company’s 50 day simple moving average is $17.17 and its 200-day simple moving average is $16.90. Atlas Copco has a 12-month low of $15.00 and a 12-month high of $20.03. The firm has a market cap of $81.12 billion, a PE ratio of 28.69, a price-to-earnings-growth ratio of 4.99 and a beta of 1.21. The company has a current ratio of 1.72, a quick ratio of 1.20 and a debt-to-equity ratio of 0.28.

Atlas Copco (OTCMKTS:ATLKY) last posted its quarterly earnings data on Tuesday, January 28th. The industrial products company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. Atlas Copco had a net margin of 16.84% and a return on equity of 28.31%. As a group, equities analysts predict that Atlas Copco will post 0.55 EPS for the current 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.