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

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 1,079,500 shares, a growth of 11.6% from the October 31st total of 967,700 shares. Based on an average trading volume of 500 shares, the short-interest ratio is currently 2,159.0 days.

ASSA ABLOY AB (publ) Price Performance

Shares of ASAZF opened at $30.86 on Wednesday. ASSA ABLOY AB has a 1 year low of $21.88 and a 1 year high of $33.20. The business’s 50 day simple moving average is $31.72 and its 200-day simple moving average is $30.06.

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.