SSAB AB (publ) (OTCMKTS:SSAAF) Short Interest Up 726.1% in October

SSAB AB (publ) (OTCMKTS:SSAAF) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 971,500 shares, a growth of 726.1% from the September 30th total of 117,600 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 9,715.0 days.

SSAB AB (publ) Price Performance

Shares of OTCMKTS:SSAAF remained flat at $4.70 on Friday. SSAB AB has a fifty-two week low of $4.32 and a fifty-two week high of $8.23. The business’s 50-day moving average price is $4.75 and its 200 day moving average price is $5.33.

SSAB AB (publ) Company Profile

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.