Fabege AB (publ) (OTCMKTS:FBGGF) Sees Significant Drop in Short Interest

Fabege AB (publ) (OTCMKTS:FBGGF) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totalling 4,264,900 shares, a decrease of 12.9% from the May 31st total of 4,896,700 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Fabege AB (publ) Price Performance

Shares of FBGGF stock remained flat at $9.25 during trading hours on Monday. The firm has a 50-day moving average price of $9.25 and a two-hundred day moving average price of $9.25. Fabege AB has a one year low of $7.18 and a one year high of $9.25.

About Fabege AB (publ)

Fabege AB (publ), a property company, focuses primarily on the development, investment, and management of commercial premises in Sweden. Its property portfolio comprises office, retail, industrial/warehouse, residential, hotel, and garage properties. The company also engages in the acquisition and sale of properties.