AAK AB (publ.) (OTCMKTS:ARHUF) Sees Large Increase in Short Interest

AAK AB (publ.) (OTCMKTS:ARHUF) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 487,400 shares, an increase of 65.3% from the February 13th total of 294,900 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

AAK AB (publ.) Stock Performance

ARHUF opened at $28.05 on Friday. The business has a 50 day moving average price of $28.05 and a 200 day moving average price of $23.69. AAK AB has a twelve month low of $28.05 and a twelve month high of $28.05.

AAK AB (publ.) Company Profile

AAK AB (publ.) develops and sells plant-based oils and fats in Sweden and internationally. The company operates through Food Ingredients, Chocolate & Confectionery Fats, and Technical Products & Feed. It offers food ingredients for bakery, dairy, nutrition, plant-based, and foodservice industries; chocolate and confectionery fats that serves the manufacturers of chocolate, spreads, and fillings products, as well as in the personal care industry; and plant based emollients distinct from synthetic, animal, or fossil based raw materials used in face, body, and sun care products.