Short Interest in Akzo Nobel (OTCMKTS:AKZOF) Expands By 18.3%

Akzo Nobel (OTCMKTS:AKZOF) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 362,800 shares, an increase of 18.3% from the December 31st total of 306,600 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 1,814.0 days.

Akzo Nobel Price Performance

Shares of AKZOF stock opened at $64.02 on Monday. The firm has a 50-day moving average price of $60.03 and a 200 day moving average price of $62.05. Akzo Nobel has a twelve month low of $56.58 and a twelve month high of $75.28.

Akzo Nobel Company Profile

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.