Short Interest in SSAB AB (publ) (OTCMKTS:SSAAF) Rises By 2,729.6%

SSAB AB (publ) (OTCMKTS:SSAAF) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 277,300 shares, a growth of 2,729.6% from the February 13th total of 9,800 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 924.3 days.

SSAB AB (publ) Price Performance

Shares of SSAAF stock opened at $6.68 on Friday. The firm’s 50-day moving average is $4.51 and its two-hundred day moving average is $4.65. SSAB AB has a 12 month low of $3.86 and a 12 month high of $7.00.

About SSAB AB (publ)

SSAB AB (publ) produces and sells steel products in Sweden, Finland, Rest of Europe, the United States, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and advanced high-strength steel products for steel and plate production.