Fortnox AB (publ) (OTCMKTS:FNOXF) Sees Large Decline in Short Interest

Fortnox AB (publ) (OTCMKTS:FNOXF) was the target of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 4,083,700 shares, a decrease of 12.3% from the October 31st total of 4,653,800 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 40,837.0 days.

Fortnox AB (publ) Price Performance

OTCMKTS:FNOXF remained flat at $7.17 during trading hours on Tuesday. The stock has a fifty day moving average of $7.17 and a 200-day moving average of $7.17. Fortnox AB has a 1-year low of $4.21 and a 1-year high of $7.22.

Fortnox AB (publ) Company Profile

Fortnox AB (publ) provides products, packages, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations. The company offers bookkeeping, approval and review, supplier invoice, approval, invoice data capture, fixed assets, register, read, and audit access products; invoicing, basic invoicing, inventory, quote, order, autogiro, and time products; and annual accounts and taxes, reconciliation and reporting, group, and company manager reporting products.