AB Industrivärden (publ) (OTCMKTS:IDDTF) Sees Significant Growth in Short Interest

AB Industrivärden (publ) (OTCMKTS:IDDTF) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 425,700 shares, an increase of 8.3% from the January 15th total of 393,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

AB Industrivärden (publ) Price Performance

Shares of IDDTF opened at C$30.10 on Tuesday. The company’s 50 day moving average price is C$31.44 and its 200 day moving average price is C$33.00. AB Industrivärden has a 52 week low of C$34.30 and a 52 week high of C$34.30.

About AB Industrivärden (publ)

AB Industrivärden is a publicly owned investment manager. The firm invests in the public equity markets of Nordic region. It employs fundamental analysis, with a focus on factors like long term return potential, proven business model, balance between risk and return, and attractive valuation to create its portfolio.