Short Interest in Fortnox AB (publ) (OTCMKTS:FNOXF) Declines By 10.1%

Fortnox AB (publ) (OTCMKTS:FNOXF) was the recipient of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 4,653,800 shares, a drop of 10.1% from the October 15th total of 5,179,400 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Fortnox AB (publ) Stock Performance

FNOXF stock remained flat at $7.17 during trading on Monday. Fortnox AB has a 12-month low of $4.21 and a 12-month high of $7.22. The business has a fifty day moving average of $7.17 and a 200-day moving average of $7.17.

About Fortnox AB (publ)

Fortnox AB (publ) provides products, packages, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations. The company offers bookkeeping, approval and review, supplier invoice, approval, invoice data capture, fixed assets, register, read, and audit access products; invoicing, basic invoicing, inventory, quote, order, autogiro, and time products; and annual accounts and taxes, reconciliation and reporting, group, and company manager reporting products.