Short Interest in SSAB AB (publ) (OTCMKTS:SSAAF) Expands By 49.7%

SSAB AB (publ) (OTCMKTS:SSAAF) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 536,300 shares, a growth of 49.7% from the June 30th total of 358,300 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is currently 536.3 days.

SSAB AB (publ) Price Performance

OTCMKTS:SSAAF remained flat at $5.45 during midday trading on Friday. The company had a trading volume of 2 shares, compared to its average volume of 1,900. The company’s 50 day simple moving average is $5.75 and its 200-day simple moving average is $6.53. SSAB AB has a 52 week low of $5.17 and a 52 week high of $8.23.

About SSAB AB (publ)

SSAB AB (publ) produces and sells steel products in Sweden, Finland, Rest of Europe, the United States, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and advanced high-strength steel products for steel and plate production.