Short Interest in SSAB AB (publ) (OTCMKTS:SSAAF) Decreases By 56.4%

SSAB AB (publ) (OTCMKTS:SSAAF) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 358,000 shares, a decrease of 56.4% from the May 31st total of 821,400 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 3,580.0 days.

SSAB AB (publ) Stock Performance

OTCMKTS SSAAF remained flat at $5.55 during trading hours on Friday. The firm has a 50 day simple moving average of $5.79 and a two-hundred day simple moving average of $6.75. SSAB AB has a 12 month low of $5.17 and a 12 month high of $8.23.

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.