AB Industrivärden (publ) (OTCMKTS:IDDTF) Sees Large Growth in Short Interest

AB Industrivärden (publ) (OTCMKTS:IDDTF) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 425,700 shares, an increase of 8.3% from the January 15th total of 393,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

AB Industrivärden (publ) Stock Performance

Shares of IDDTF remained flat at C$30.10 during midday trading on Monday. AB Industrivärden has a 1 year low of C$34.30 and a 1 year high of C$34.30. The firm’s fifty day simple moving average is C$31.44 and its 200 day simple moving average is C$33.00.

AB Industrivärden (publ) Company Profile

AB Industrivärden is a publicly owned investment manager. The firm invests in the public equity markets of Nordic region. It employs fundamental analysis, with a focus on factors like long term return potential, proven business model, balance between risk and return, and attractive valuation to create its portfolio.