ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Short Interest Up 32.0% in January

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 838,000 shares, an increase of 32.0% from the December 31st total of 634,900 shares. Based on an average daily volume of 6,600 shares, the short-interest ratio is presently 127.0 days.

ASSA ABLOY AB (publ) Stock Performance

ASSA ABLOY AB (publ) stock opened at $29.38 on Thursday. ASSA ABLOY AB has a 12 month low of $26.25 and a 12 month high of $33.20. The stock’s 50 day simple moving average is $29.88 and its two-hundred day simple moving average is $30.58.

About ASSA ABLOY AB (publ)

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.