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

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

ASSA ABLOY AB (publ) Stock Performance

Shares of ASAZF remained flat at $29.38 during mid-day trading on Friday. The stock had a trading volume of 1,503 shares, compared to its average volume of 852. The business has a 50 day moving average of $30.15 and a 200-day moving average of $30.45. ASSA ABLOY AB has a 12 month low of $26.25 and a 12 month high of $33.20.

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.