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

Akzo Nobel (OTCMKTS:AKZOF) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 286,400 shares, a decrease of 28.8% from the October 31st total of 402,500 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is presently 238.7 days.

Akzo Nobel Price Performance

Shares of Akzo Nobel stock remained flat at $59.00 during trading on Friday. The stock had a trading volume of 2,219 shares, compared to its average volume of 739. The company has a fifty day moving average price of $65.50 and a 200-day moving average price of $64.05. Akzo Nobel has a 52-week low of $57.46 and a 52-week high of $80.91.

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.