Short Interest in Fabege AB (publ) (OTCMKTS:FBGGF) Drops By 18.8%

Fabege AB (publ) (OTCMKTS:FBGGF) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 2,115,800 shares, a drop of 18.8% from the January 15th total of 2,605,200 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Fabege AB (publ) Stock Performance

Shares of Fabege AB (publ) stock remained flat at $8.20 during midday trading on Monday. The business’s 50-day simple moving average is $8.20 and its 200 day simple moving average is $8.53. Fabege AB has a fifty-two week low of $8.20 and a fifty-two week high of $9.81.

About Fabege AB (publ)

Fabege AB (publ), a property company, focuses primarily on the development, investment, and management of commercial premises in Sweden. Its property portfolio comprises office, retail, industrial/warehouse, residential, hotel, and garage properties. The company also engages in the acquisition and sale of properties.