AB Industrivärden (publ) (OTCMKTS:IDTVF) Sees Significant Drop in Short Interest

AB Industrivärden (publ) (OTCMKTS:IDTVF) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 17,300 shares, a drop of 38.2% from the February 28th total of 28,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

AB Industrivärden (publ) Stock Performance

Shares of OTCMKTS:IDTVF remained flat at $31.26 on Monday. The stock had a trading volume of 3,214 shares, compared to its average volume of 267. AB Industrivärden has a 12 month low of $31.26 and a 12 month high of $36.87. The company’s 50 day moving average price is $31.26 and its 200-day moving average price is $31.26.

AB Industrivärden (publ) Company Profile

AB Industrivärden is a publicly owned investment manager. The firm invests in the public equity markets of Nordic region. It employs fundamental analysis, with a focus on factors like long term return potential, proven business model, balance between risk and return, and attractive valuation to create its portfolio.