Short Interest in Fortnox AB (publ) (OTCMKTS:FNOXF) Increases By 31.1%

Fortnox AB (publ) (OTCMKTS:FNOXF) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 5,889,300 shares, an increase of 31.1% from the August 15th total of 4,491,900 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Fortnox AB (publ) Stock Performance

Shares of FNOXF remained flat at $7.17 during trading hours on Monday. The business has a 50-day moving average price of $7.17 and a 200 day moving average price 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.