Short Interest in Trelleborg AB (publ) (OTCMKTS:TBABF) Drops By 56.6%

Trelleborg AB (publ) (OTCMKTS:TBABF) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 43,400 shares, a drop of 56.6% from the November 15th total of 100,000 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is presently 18.1 days.

Trelleborg AB (publ) Stock Performance

Shares of Trelleborg AB (publ) stock opened at $37.31 on Friday. The firm’s 50-day simple moving average is $33.60 and its 200-day simple moving average is $33.81. Trelleborg AB has a twelve month low of $31.67 and a twelve month high of $37.95.

Trelleborg AB (publ) Company Profile

Trelleborg AB (publ) provides engineered polymer solutions for seal, damp, and protect critical applications worldwide. The company offers antivibration solutions; automotive boots and noise damping; bearings and bushings; engineered coated fabrics; engineered molded parts; fenders, docking, and mooring; floatover; and fluid handling solutions.