Short Interest in ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Drops By 40.0%

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 967,700 shares, a decline of 40.0% from the October 15th total of 1,614,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 9,677.0 days.

ASSA ABLOY AB (publ) Stock Performance

Shares of OTCMKTS:ASAZF opened at $30.86 on Thursday. ASSA ABLOY AB has a 12-month low of $21.88 and a 12-month high of $33.20. The company’s 50 day moving average price is $31.83 and its two-hundred day moving average price is $29.58.

About ASSA ABLOY AB (publ)

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.