According to our data, short sellers have increased their positions in Volkswagen VOW over the past fortnight. The percentage of the automobile company’s Market Cap on Loan MCOL increased from 9. 3 to 13 between February 6th and 18th. It has now dropped slightly to 12. 8.
This is surprising, as the company announced today that their January sales were up 11. However since in mid-November the company’s share price dropped from 200EUR to 151EUR latest.
Volkswagen’s Utilisation stands at 40, a general decrease from 50 in August last year. The average Utilisation percentage for the rest of the DAX is 16, and for the rest of the EMEA Automobiles and Components it is 23. For those wishing to buy back shares in Volkswagen, there are 18. 59 Days to Cover.
Volkswagen is the third most shorted stock in the DAX, after Siemens SI, who have a MCOL of 15. 74, and Bayer BAY, at 13. 64. Volkswagen is the most shorted stock in its sector, ahead of Fiat F, who have a MCOL of 12. 06, and a Utilisation percentage of 35, and Porsche POR3, with a MCOL 10. 6 and a Utilisation percentage of 12.
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