Short Interest in ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Grows By 24.6%

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 63,900 shares, an increase of 24.6% from the December 31st total of 51,300 shares. Based on an average trading volume of 284,000 shares, the days-to-cover ratio is presently 0.2 days.

ASSA ABLOY AB (publ) Stock Performance

Shares of ASAZY stock traded down $0.12 during trading hours on Friday, reaching $15.26. The company had a trading volume of 119,718 shares, compared to its average volume of 149,996. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.70 and a current ratio of 1.13. The business has a fifty day moving average price of $15.02 and a 200-day moving average price of $15.34. ASSA ABLOY AB has a one year low of $13.18 and a one year high of $17.03. The firm has a market cap of $33.96 billion, a PE ratio of 24.61, a price-to-earnings-growth ratio of 1.65 and a beta of 1.11.

About ASSA ABLOY AB (publ)

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.