Short Interest in Fortnox AB (publ) (OTCMKTS:FNOXF) Drops By 10.1%

Fortnox AB (publ) (OTCMKTS:FNOXF) was the target of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 4,653,800 shares, a decrease of 10.1% from the October 15th total of 5,179,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Fortnox AB (publ) Stock Performance

Shares of OTCMKTS:FNOXF opened at $7.17 on Tuesday. The stock’s fifty day simple moving average is $7.17 and its two-hundred day simple moving average is $7.17. Fortnox AB has a 1-year low of $4.21 and a 1-year high of $7.22.

About Fortnox AB (publ)

Fortnox AB (publ) provides products, packages, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations. The company offers bookkeeping, approval and review, supplier invoice, approval, invoice data capture, fixed assets, register, read, and audit access products; invoicing, basic invoicing, inventory, quote, order, autogiro, and time products; and annual accounts and taxes, reconciliation and reporting, group, and company manager reporting products.