ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Sees Significant Increase in Short Interest

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 1,504,600 shares, a growth of 14.6% from the January 15th total of 1,313,200 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 3,761.5 days.

ASSA ABLOY AB (publ) Stock Performance

Shares of OTCMKTS ASAZF opened at $30.78 on Friday. ASSA ABLOY AB has a fifty-two week low of $26.25 and a fifty-two week high of $33.20. The business has a 50 day moving average price of $29.55 and a two-hundred day moving average price of $30.58.

About ASSA ABLOY AB (publ)

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.