Hufvudstaden AB (publ) (OTCMKTS:HUFAF) Sees Large Increase in Short Interest

Hufvudstaden AB (publ) (OTCMKTS:HUFAF) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 1,320,771 shares, a growth of 121.2% from the June 30th total of 596,994 shares. Based on an average daily volume of 128 shares, the short-interest ratio is currently 10,318.5 days.

Hufvudstaden AB (publ) Stock Performance

HUFAF remained flat at $12.89 on Wednesday. Hufvudstaden AB has a fifty-two week low of $12.78 and a fifty-two week high of $12.89. The company has a fifty day simple moving average of $12.81 and a two-hundred day simple moving average of $13.11.

About Hufvudstaden AB (publ)

Hufvudstaden AB (publ) is a Swedish real estate company specializing in the ownership, management and development of high-quality commercial properties in central Stockholm and Gothenburg. Founded in 1915, the company’s portfolio includes retail, office and mixed-use buildings situated in premier urban districts such as Norrmalm and Östermalm in Stockholm, as well as the central shopping avenues of Gothenburg.

The company’s activities span leasing, property management and project development, with a focus on refurbishing and upgrading existing assets to meet contemporary tenant requirements.