Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Up 556.2% in January

Atlas Copco AB (OTCMKTS:ATLKY) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 106,300 shares, a growth of 556.2% from the December 31st total of 16,200 shares. Based on an average daily volume of 448,500 shares, the short-interest ratio is currently 0.2 days.

Atlas Copco Trading Down 3.9 %

OTCMKTS ATLKY traded down $0.68 on Tuesday, hitting $16.54. 130,383 shares of the stock were exchanged, compared to its average volume of 241,740. The company’s 50-day moving average price is $15.97 and its two-hundred day moving average price is $17.00. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.56 and a quick ratio of 1.08. Atlas Copco has a 52-week low of $15.00 and a 52-week high of $20.03. The company has a market capitalization of $80.63 billion, a price-to-earnings ratio of 29.54, a P/E/G ratio of 4.55 and a beta of 1.16.

Atlas Copco (OTCMKTS:ATLKY) last issued its quarterly earnings results on Tuesday, January 28th. The industrial products company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. Atlas Copco had a return on equity of 29.00% and a net margin of 16.37%. Research 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.