Fabege AB (publ) (OTCMKTS:FBGGF) Short Interest Up 37.4% in March

Fabege AB (publ) (OTCMKTS:FBGGF) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 2,937,500 shares, a growth of 37.4% from the February 28th total of 2,137,500 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 14,687.5 days.

Fabege AB (publ) Stock Performance

Fabege AB (publ) stock remained flat at $7.26 during trading hours on Tuesday. The stock has a fifty day simple moving average of $7.96 and a 200-day simple moving average of $8.33. Fabege AB has a 52 week low of $7.26 and a 52 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.