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

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 634,900 shares, a drop of 14.6% from the November 30th total of 743,600 shares. Based on an average trading volume of 3,600 shares, the short-interest ratio is presently 176.4 days.

ASSA ABLOY AB (publ) Price Performance

OTCMKTS:ASAZF opened at $28.55 on Tuesday. ASSA ABLOY AB has a 12-month low of $26.25 and a 12-month high of $33.20. The firm has a 50-day moving average price of $30.68 and a 200 day moving average price of $30.38.

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.