SSAB AB (publ) (OTCMKTS:SSAAF) Short Interest Up 11,490.9% in September

SSAB AB (publ) (OTCMKTS:SSAAF) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 127,500 shares, an increase of 11,490.9% from the August 31st total of 1,100 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 318.8 days.

SSAB AB (publ) Price Performance

Shares of SSAAF stock traded up $0.83 during trading hours on Friday, reaching $5.40. 2,850 shares of the stock were exchanged, compared to its average volume of 1,774. SSAB AB has a 12-month low of $4.32 and a 12-month high of $8.23. The company’s 50-day moving average price is $4.71 and its 200-day moving average price is $5.59.

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.