Aalberts (OTCMKTS:AALBF) Sees Large Decline in Short Interest

Aalberts (OTCMKTS:AALBF) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 183,100 shares, a drop of 9.2% from the September 30th total of 201,600 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 610.3 days.

Aalberts Price Performance

AALBF stock opened at $36.01 on Wednesday. Aalberts has a twelve month low of $29.80 and a twelve month high of $50.07. The stock has a 50-day simple moving average of $37.50 and a two-hundred day simple moving average of $41.12.

About Aalberts

Aalberts N.V. offers mission-critical technologies for aerospace, automotive, building, and maritime sectors. It operates through Building Technology and Industrial Technology sectors. The Building Technology segment develops, manufactures, and monitors hydronic flow control systems for heating and cooling to enhance the energy efficiency; and develops, designs, and manufactures integrated piping systems to distribute and regulate water or gas flows in heating, cooling, water, gas, and sprinkler systems in eco-friendly buildings and industrial niches.