Short Interest in Akzo Nobel (OTCMKTS:AKZOF) Rises By 31.0%

Akzo Nobel (OTCMKTS:AKZOF) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 585,100 shares, an increase of 31.0% from the March 15th total of 446,700 shares. Based on an average daily volume of 9,700 shares, the short-interest ratio is presently 60.3 days.

Akzo Nobel Price Performance

OTCMKTS AKZOF opened at $71.62 on Monday. The company’s fifty day simple moving average is $73.73 and its 200-day simple moving average is $75.75. Akzo Nobel has a 52 week low of $63.60 and a 52 week high of $85.36.

Akzo Nobel Company Profile

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. The company operates through two segments: Decorative Paints and Performance Coatings. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings.