Akzo Nobel (OTCMKTS:AKZOF) Sees Significant Decrease in Short Interest

Akzo Nobel (OTCMKTS:AKZOF) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 306,600 shares, a decrease of 31.9% from the December 15th total of 450,300 shares. Based on an average trading volume of 1,600 shares, the short-interest ratio is currently 191.6 days.

Akzo Nobel Price Performance

AKZOF stock opened at $59.91 on Thursday. The firm’s 50-day simple moving average is $60.20 and its 200 day simple moving average is $62.01. Akzo Nobel has a fifty-two week low of $56.58 and a fifty-two week high of $75.70.

Akzo Nobel Company Profile

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. The company operates through two segments: Decorative Paints and Performance Coatings. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings.