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

SSAB AB (publ) (OTCMKTS:SSAAF) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 9,800 shares, an increase of 38.0% from the January 31st total of 7,100 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 49.0 days.

SSAB AB (publ) Stock Performance

SSAAF stock remained flat at $5.09 during trading on Tuesday. The stock has a 50 day simple moving average of $4.28 and a 200-day simple moving average of $4.58. SSAB AB has a 1 year low of $3.86 and a 1 year 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.