SSAB AB (publ) (OTCMKTS:SSAAY) Short Interest Down 33.3% in January

SSAB AB (publ) (OTCMKTS:SSAAY) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 4,200 shares, a decrease of 33.3% from the December 31st total of 6,300 shares. Based on an average trading volume of 6,200 shares, the short-interest ratio is presently 0.7 days.

SSAB AB (publ) Stock Performance

SSAB AB (publ) stock opened at $2.21 on Thursday. The company has a market cap of $4.40 billion, a PE ratio of 5.97 and a beta of 1.41. SSAB AB has a 12 month low of $1.89 and a 12 month high of $4.01. The company has a fifty day moving average price of $2.16 and a two-hundred day moving average price of $2.35. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.83 and a quick ratio of 1.55.

SSAB AB (publ) Company Profile

SSAB AB (publ) produces and sells steel products in Sweden, Finland, Rest of Europe, the United States, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and advanced high-strength steel products for steel and plate production.