Short Interest in ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Increases By 24.6%

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 63,900 shares, a growth of 24.6% from the December 31st total of 51,300 shares. Based on an average daily trading volume, of 284,000 shares, the days-to-cover ratio is currently 0.2 days.

ASSA ABLOY AB (publ) Stock Up 1.1 %

Shares of ASAZY stock traded up $0.17 during trading hours on Friday, reaching $15.38. The company had a trading volume of 136,532 shares, compared to its average volume of 150,343. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.13 and a quick ratio of 0.70. The company has a market cap of $34.22 billion, a price-to-earnings ratio of 24.81, a price-to-earnings-growth ratio of 1.65 and a beta of 1.11. The business has a fifty day simple moving average of $15.01 and a 200-day simple moving average of $15.33. ASSA ABLOY AB has a 12 month low of $13.18 and a 12 month high of $17.03.

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.