Short Interest in ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Drops By 15.4%

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 1,387,900 shares, a decline of 15.4% from the February 13th total of 1,640,300 shares. Based on an average daily volume of 4,400 shares, the short-interest ratio is currently 315.4 days.

ASSA ABLOY AB (publ) Stock Performance

OTCMKTS:ASAZF opened at $31.40 on Tuesday. ASSA ABLOY AB has a fifty-two week low of $26.25 and a fifty-two week high of $33.20. The business’s 50-day simple moving average is $30.16 and its 200-day simple moving average is $30.80.

ASSA ABLOY AB (publ) Company Profile

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.