Short Interest in ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Declines By 31.1%

ASSA ABLOY AB (publ) (OTCMKTS:ASAZFGet Free Report) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 743,600 shares, a drop of 31.1% from the November 15th total of 1,079,500 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 7,436.0 days.

ASSA ABLOY AB (publ) Stock Performance

ASAZF opened at $30.60 on Friday. ASSA ABLOY AB has a 1-year low of $21.88 and a 1-year high of $33.20. The stock’s 50 day simple moving average is $31.39 and its 200 day simple moving average is $30.23.

About ASSA ABLOY AB (publ)

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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.

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