SSAB AB (publ) (OTCMKTS:SSAAF) Sees Large Decline in Short Interest

SSAB AB (publ) (OTCMKTS:SSAAF) saw a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 7,100 shares, a decrease of 99.3% from the October 31st total of 978,600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 71.0 days.

SSAB AB (publ) Price Performance

Shares of SSAB AB (publ) stock opened at $5.07 on Thursday. The company has a 50-day moving average of $4.94 and a two-hundred day moving average of $5.16. SSAB AB has a 12-month low of $4.32 and a 12-month high of $8.23.

About SSAB AB (publ)

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.