Saab AB (OTCMKTS:SAABY) Sees Significant Increase in Short Interest

Saab AB (OTCMKTS:SAABY) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 41,000 shares, an increase of 228.0% from the December 31st total of 12,500 shares. Based on an average trading volume of 184,000 shares, the short-interest ratio is presently 0.2 days.

Saab Trading Down 1.4 %

OTCMKTS SAABY traded down $0.15 on Wednesday, hitting $10.48. 44,444 shares of the stock were exchanged, compared to its average volume of 99,444. Saab has a 52-week low of $7.80 and a 52-week high of $13.75.

About Saab

Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.