Fortnox AB (publ) (OTCMKTS:FNOXF) Short Interest Update

Fortnox AB (publ) (OTCMKTS:FNOXF) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 5,889,300 shares, an increase of 31.1% from the August 15th total of 4,491,900 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Fortnox AB (publ) Stock Performance

Shares of FNOXF remained flat at $7.17 during mid-day trading on Monday. The business has a 50-day moving average price of $7.17 and a two-hundred day moving average price of $7.17. Fortnox AB has a one year low of $4.21 and a one year high of $7.22.

Fortnox AB (publ) Company Profile

Fortnox AB (publ) provides products, packages, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations. The company offers bookkeeping, approval and review, supplier invoice, approval, invoice data capture, fixed assets, register, read, and audit access products; invoicing, basic invoicing, inventory, quote, order, autogiro, and time products; and annual accounts and taxes, reconciliation and reporting, group, and company manager reporting products.