Akzo Nobel (OTCMKTS:AKZOF) Sees Large Decline in Short Interest

Akzo Nobel (OTCMKTS:AKZOF) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 286,400 shares, a decline of 28.8% from the October 31st total of 402,500 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is presently 238.7 days.

Akzo Nobel Trading Down 2.1 %

Shares of AKZOF traded down $1.25 during midday trading on Friday, hitting $57.75. 1,027 shares of the stock were exchanged, compared to its average volume of 746. Akzo Nobel has a 52-week low of $57.46 and a 52-week high of $80.91. The stock has a fifty day simple moving average of $65.32 and a 200 day simple moving average of $63.95.

Akzo Nobel Company Profile

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. The company operates through two segments: Decorative Paints and Performance Coatings. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings.