Short Interest in SSAB AB (publ) (OTCMKTS:SSAAF) Increases By 49.3%

SSAB AB (publ) (OTCMKTS:SSAAF) was the recipient of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 821,400 shares, a growth of 49.3% from the May 15th total of 550,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 8,214.0 days.

SSAB AB (publ) Price Performance

SSAAF stock remained flat at $5.50 during trading on Friday. SSAB AB has a 1 year low of $5.17 and a 1 year high of $8.23. The company has a 50 day moving average of $6.03 and a 200-day moving average of $6.80.

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.