Trelleborg AB (publ) (OTCMKTS:TBABF) Sees Significant Increase in Short Interest

Trelleborg AB (publ) (OTCMKTS:TBABF) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 57,100 shares, a growth of 31.6% from the December 15th total of 43,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 571.0 days.

Trelleborg AB (publ) Price Performance

OTCMKTS TBABF remained flat at $37.31 during trading hours on Thursday. Trelleborg AB has a fifty-two week low of $31.67 and a fifty-two week high of $37.95. The stock has a fifty day simple moving average of $35.44 and a 200 day simple moving average of $34.15.

Trelleborg AB (publ) Company Profile

Trelleborg AB (publ) provides engineered polymer solutions for seal, damp, and protect critical applications worldwide. The company offers antivibration solutions; automotive boots and noise damping; bearings and bushings; engineered coated fabrics; engineered molded parts; fenders, docking, and mooring; floatover; and fluid handling solutions.