Short Interest in SSAB AB (publ) (OTCMKTS:SSAAF) Expands By 114.7%
( ) saw a significant increase in short interest during April. On April 30, there were 53,900 shorted shares. This is an increase of 114.7 % from the total of 25,100 on April 15. The days-to-cover is 38.5 days based on an average daily volume of 1,400 shares.
Stock Performance of SSAB AB
The price remained unchanged at $6.89 in trading on Wednesday. Stock traded 100 shares compared to 1,445 average. The 50-day moving average is $6.99, and the 200-day moving average is $6.22. Get Rating
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SSAB AB is engaged in the production and sale of steel products. The company operates in five segments: SSAB Special Steels; SSAB Europe; SSAB Americas; Tibnor, and Ruukki Construction. The SSAB Special Steels division markets and sells hot rolled, quenched and tempered steels. The SSAB Europe division focuses on strips, plates, and tubes.
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