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

Fabege AB (publ) (OTCMKTS:FBGGF) was the recipient of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 4,896,700 shares, a growth of 5.7% from the May 15th total of 4,634,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Fabege AB (publ) Price Performance

Fabege AB (publ) stock opened at $9.25 on Wednesday. Fabege AB has a one year low of $7.18 and a one year high of $9.25. The company’s fifty day moving average price is $9.25 and its two-hundred day moving average price is $9.20.

About Fabege AB (publ)

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.