ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Sees Large Increase in Short Interest

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,079,500 shares, an increase of 11.6% from the October 31st total of 967,700 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 2,159.0 days.

ASSA ABLOY AB (publ) Stock Performance

Shares of ASAZF stock opened at $30.86 on Monday. The firm has a fifty day moving average of $31.82 and a 200-day moving average of $29.99. ASSA ABLOY AB has a 52-week low of $21.88 and a 52-week high of $33.20.

About ASSA ABLOY AB (publ)

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.