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

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) was the target of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 967,700 shares, a decrease of 40.0% from the October 15th total of 1,614,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 9,677.0 days.

ASSA ABLOY AB (publ) Stock Performance

Shares of ASAZF stock opened at $30.86 on Wednesday. The firm has a 50-day moving average of $31.84 and a 200-day moving average of $29.57. ASSA ABLOY AB has a one year low of $21.88 and a one year 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.