Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Up 467.7% in February

Atlas Copco AB (OTCMKTS:ATLKY) was the recipient of a significant increase in short interest during 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 daily volume of 249,200 shares, the days-to-cover ratio is currently 0.1 days.

Atlas Copco Price Performance

ATLKY stock traded up $0.15 during midday trading on Friday, hitting $17.01. 11,877,867 shares of the stock were exchanged, compared to its average volume of 574,317. The stock has a market cap of $82.92 billion, a price-to-earnings ratio of 29.33, a PEG ratio of 4.99 and a beta of 1.16. 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 fifty-two week low of $15.00 and a fifty-two week high of $20.03. The stock’s 50-day moving average price is $16.50 and its 200-day moving average price is $16.96.

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