The short interest in Commercial Vehicle Group (NASDAQ:CVGI) has increased from 1,348,320 on May 31,2016 to 1,497,989 on June 15,2016. The change was measured at 149,669 shares or 11.1%. The leftover shorts were 6.2% of the floated shares. The days to cover are 4, given the average daily volume of 411,502 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Commercial Vehicle Group (NASDAQ:CVGI): The stock opened at $5.15 on Friday but the bulls could not build on the opening and the stock topped out at $5.56 for the day. The stock traded down to $4.64 during the day, due to lack of any buying support eventually closed down at $5.42 with a loss of -2.34% for the day. The stock had closed at $5.55 on the previous day. The total traded volume was 3,989,368 shares.
The company shares have dropped -24.30% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $7.42 and the one year low was seen on Jan 15, 2016. The 50-Day Moving Average price is $3.87 and the 200 Day Moving Average price is recorded at $2.93.
Commercial Vehicle Group (NASDAQ:CVGI) has climbed 11.75% in the past week and advanced 53.54% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 13.61% and the outperformance has advanced to 58.19% for the last 4 weeks period.
Commercial Vehicle Group, Inc. (CVG) is a supplier of a range of cab related products and systems for the global commercial vehicle market, including the medium-and heavy-duty truck (MD/HD Truck) market, the medium-and heavy-construction vehicle market, and the military, bus, agriculture, specialty transportation, mining, industrial equipment and off-road recreational markets. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells seats and seating systems; trim systems and components; cab structures, sleeper boxes, body panels and structural components, and mirrors, wipers and controls. The GCA Segment offers electronic wire harnesses and panel assemblies; seats and seating systems; office seating, and wipers systems.