Short Interest in ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Declines By 38.8%

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) was the recipient of a large decrease in short interest in May. As of May 31st, there was short interest totalling 997,200 shares, a decrease of 38.8% from the May 15th total of 1,629,700 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 9,972.0 days.

ASSA ABLOY AB (publ) Stock Down 3.1 %

Shares of OTCMKTS:ASAZF traded down $0.91 during trading on Friday, hitting $28.34. The stock had a trading volume of 161 shares, compared to its average volume of 19,643. ASSA ABLOY AB has a 12 month low of $20.16 and a 12 month high of $29.85. The firm’s fifty day moving average is $27.46 and its 200 day moving average is $27.66.

ASSA ABLOY AB (publ) Company Profile

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.