Iveco Group (OTCMKTS:IVCGF) Short Interest Up 22.8% in December

Iveco Group (OTCMKTS:IVCGF) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 2,321,700 shares, an increase of 22.8% from the November 30th total of 1,890,600 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 1,451.1 days.

Iveco Group Price Performance

Shares of Iveco Group stock traded up $0.08 on Tuesday, reaching $9.69. 385 shares of the company’s stock were exchanged, compared to its average volume of 3,611. The firm’s 50-day moving average is $10.13 and its two-hundred day moving average is $10.37. Iveco Group has a 52 week low of $8.73 and a 52 week high of $15.86.

Iveco Group Company Profile

Iveco Group N.V. engages in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense, and other applications worldwide. The company operates through three segments: Commercial and Specialty Vehicles, Powertrain, and Financial Services.