Akzo Nobel (OTCMKTS:AKZOF) Sees Significant Growth in Short Interest

Akzo Nobel (OTCMKTS:AKZOF) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 386,500 shares, an increase of 6.5% from the January 15th total of 362,800 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 966.3 days.

Akzo Nobel Price Performance

Shares of AKZOF stock opened at $57.40 on Friday. The stock’s fifty day simple moving average is $59.77 and its 200 day simple moving average is $61.72. Akzo Nobel has a one year low of $56.58 and a one year 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.