Akzo Nobel (OTCMKTS:AKZOF) Sees Large Decrease in Short Interest

Akzo Nobel (OTCMKTS:AKZOF) was the target of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 330,600 shares, a decline of 14.5% from the January 31st total of 386,500 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 826.5 days.

Akzo Nobel Stock Performance

Shares of OTCMKTS:AKZOF opened at $63.18 on Wednesday. Akzo Nobel has a 1 year low of $56.58 and a 1 year high of $75.28. The business has a 50 day simple moving average of $60.72 and a two-hundred day simple moving average of $62.10.

About Akzo Nobel

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. The company operates through two segments: Decorative Paints and Performance Coatings. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings.