Short Interest in ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Grows By 32.0%

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 838,000 shares, a growth of 32.0% from the December 31st total of 634,900 shares. Based on an average daily trading volume, of 6,600 shares, the days-to-cover ratio is presently 127.0 days.

ASSA ABLOY AB (publ) Stock Performance

Shares of ASAZF stock remained flat at $29.38 on Friday. ASSA ABLOY AB has a 1 year low of $26.25 and a 1 year high of $33.20. The firm has a 50-day moving average price of $29.85 and a 200 day moving average price of $30.57.

ASSA ABLOY AB (publ) Company Profile

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.