Short Interest in Atlas Copco AB (OTCMKTS:ATLKY) Grows By 467.7%

Atlas Copco AB (OTCMKTS:ATLKY) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 35,200 shares, an increase of 467.7% from the January 31st total of 6,200 shares. Based on an average trading volume of 249,200 shares, the days-to-cover ratio is currently 0.1 days.

Atlas Copco Price Performance

Shares of Atlas Copco stock traded down $0.48 during trading hours on Friday, hitting $16.86. The company’s stock had a trading volume of 2,202,574 shares, compared to its average volume of 276,857. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.20 and a current ratio of 1.72. Atlas Copco has a 12-month low of $15.00 and a 12-month high of $20.03. The business has a 50 day moving average price of $16.47 and a two-hundred day moving average price of $16.96. The company has a market cap of $82.19 billion, a PE ratio of 29.07, a PEG ratio of 4.99 and a beta of 1.16.

Atlas Copco (OTCMKTS:ATLKY) last posted its quarterly earnings results on Tuesday, January 28th. The industrial products company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. Atlas Copco had a return on equity of 28.31% and a net margin of 16.84%. Analysts expect that Atlas Copco will post 0.55 earnings per share for the current fiscal year.

Atlas Copco Company Profile

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.