Fabege AB (publ) (OTCMKTS:FBGGF) Sees Significant Growth in Short Interest

Fabege AB (publ) (OTCMKTS:FBGGF) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 2,937,500 shares, an increase of 37.4% from the February 28th total of 2,137,500 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 14,687.5 days.

Fabege AB (publ) Price Performance

Fabege AB (publ) stock opened at $7.26 on Monday. Fabege AB has a 1-year low of $7.26 and a 1-year high of $9.81. The business has a fifty day moving average price of $7.97 and a 200-day moving average price of $8.34.

Fabege AB (publ) Company Profile

Fabege AB (publ), a property company, focuses primarily on the development, investment, and management of commercial premises in Sweden. Its property portfolio comprises office, retail, industrial/warehouse, residential, hotel, and garage properties. The company also engages in the acquisition and sale of properties.