Saab AB (publ) (OTCMKTS:SAABF) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 800 shares, a decline of 93.0% from the December 15th total of 11,400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 8.0 days.
SAABF stock remained flat at $$26.00 during midday trading on Friday. Saab AB has a one year low of $22.00 and a one year high of $30.12. The stock’s fifty day simple moving average is $26.29 and its 200 day simple moving average is $27.42.
Saab AB (publ) (OTCMKTS:SAABF) last issued its earnings results on Friday, October 22nd. The company reported $0.26 EPS for the quarter. The firm had revenue of $924.29 million during the quarter.
Saab AB engages in the production and sale of products, services, and solutions for military defence, commercial aviation and civil security. It operates through the following segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. The Aeronatics segment includes advanced development of military and civil aviation technology.
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