ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Sees Large Decrease in Short Interest

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 634,900 shares, a drop of 14.6% from the November 30th total of 743,600 shares. Based on an average daily volume of 3,600 shares, the short-interest ratio is presently 176.4 days.

ASSA ABLOY AB (publ) Stock Performance

Shares of OTCMKTS:ASAZF opened at $28.55 on Monday. The business has a 50 day simple moving average of $30.75 and a two-hundred day simple moving average of $30.39. ASSA ABLOY AB has a 1 year low of $26.25 and a 1 year high of $33.20.

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.