Saab AB (publ) (OTCMKTS:SAABF) Short Interest Update

Saab AB (publ) (OTCMKTS:SAABF) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 1,121,400 shares, a growth of 178.2% from the May 31st total of 403,100 shares. Based on an average daily trading volume, of 46,800 shares, the days-to-cover ratio is presently 24.0 days.

Saab AB (publ) Stock Performance

SAABF stock remained flat at $23.98 during mid-day trading on Friday. The company’s stock had a trading volume of 40 shares, compared to its average volume of 2,502. Saab AB has a 12 month low of $12.55 and a 12 month high of $26.15. The business has a 50 day moving average price of $22.17 and a 200-day moving average price of $19.62.

About Saab AB (publ)

Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.