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

Saab AB (publ) (OTCMKTS:SAABF) was the target of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 1,044,400 shares, a drop of 19.1% from the October 15th total of 1,290,900 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 1,492.0 days.

Saab AB (publ) Price Performance

OTCMKTS SAABF traded down $0.46 during midday trading on Friday, hitting $21.14. The company had a trading volume of 118 shares, compared to its average volume of 1,973. The firm has a 50-day moving average price of $21.59 and a 200-day moving average price of $22.52. Saab AB has a twelve month low of $12.75 and a twelve month high of $26.15.

Saab AB (publ) (OTCMKTS:SAABF) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $0.17 earnings per share for the quarter. The firm had revenue of $1.30 billion for the quarter.

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.