Short Interest in ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Drops By 99.1%

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 600 shares, a decline of 99.1% from the December 31st total of 63,900 shares. Based on an average daily trading volume, of 372,400 shares, the days-to-cover ratio is currently 0.0 days.

ASSA ABLOY AB (publ) Price Performance

OTCMKTS ASAZY traded down $0.12 during trading on Friday, reaching $15.26. The company’s stock had a trading volume of 119,718 shares, compared to its average volume of 149,996. The firm has a fifty day moving average of $15.02 and a 200 day moving average of $15.34. ASSA ABLOY AB has a one year low of $13.18 and a one year high of $17.03. The stock has a market capitalization of $33.96 billion, a PE ratio of 24.61, a P/E/G ratio of 1.65 and a beta of 1.11. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.13 and a quick ratio of 0.70.

ASSA ABLOY AB (publ) Company Profile

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.