Saab AB (OTCMKTS:SAABY) Short Interest Update

Saab AB (OTCMKTS:SAABY) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 27,800 shares, a growth of 308.8% from the January 31st total of 6,800 shares. Based on an average daily volume of 133,500 shares, the days-to-cover ratio is currently 0.2 days.

Saab Trading Up 5.2 %

Shares of OTCMKTS:SAABY opened at $15.50 on Friday. The stock’s 50 day moving average price is $11.18. Saab has a twelve month low of $9.68 and a twelve month high of $15.50.

About Saab

Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.