AB Electrolux (publ) (OTCMKTS:ELUXY) Short Interest Down 66.7% in February

AB Electrolux (publ) (OTCMKTS:ELUXY) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a decrease of 66.7% from the January 31st total of 300 shares. Based on an average daily trading volume, of 3,900 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

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 $0.30 during trading hours on Friday, reaching $16.91. The company had a trading volume of 5,023 shares, compared to its average volume of 1,675. The firm has a 50 day simple moving average of $17.50 and a 200-day simple moving average of $17.62. The company has a current ratio of 0.93, a quick ratio of 0.64 and a debt-to-equity ratio of 3.27. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of -17.08 and a beta of 1.23. AB Electrolux has a 12-month low of $14.19 and a 12-month high of $20.11.

AB Electrolux (publ) (OTCMKTS:ELUXY) last posted its earnings results on Thursday, January 30th. The company reported $0.10 earnings per share for the quarter. AB Electrolux (publ) had a negative net margin of 1.04% and a negative return on equity of 14.19%. Research analysts expect that AB Electrolux will post 2.13 earnings per share for the current 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.