Saab AB (publ) (OTCMKTS:SAABF) Sees Large Decline in Short Interest

Saab AB (publ) (OTCMKTS:SAABF) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 283,800 shares, a decrease of 29.5% from the June 30th total of 402,700 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is currently 218.3 days.

Saab AB (publ) Price Performance

Shares of OTCMKTS SAABF remained flat at $22.00 during midday trading on Monday. 124 shares of the stock were exchanged, compared to its average volume of 2,414. Saab AB has a twelve month low of $12.55 and a twelve month high of $26.15. The firm has a fifty day moving average price of $23.96 and a 200-day moving average price of $21.06.

Saab AB (publ) Company Profile

Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.