AB Industrivärden (publ) (OTCMKTS:IDTVF) Sees Significant Drop in Short Interest

AB Industrivärden (publ) (OTCMKTS:IDTVF) saw a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 23,200 shares, a decrease of 46.7% from the November 15th total of 43,500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 232.0 days.

AB Industrivärden (publ) Stock Performance

OTCMKTS:IDTVF remained flat at $31.26 during midday trading on Thursday. The firm’s 50 day simple moving average is $31.26 and its 200 day simple moving average is $31.26. AB Industrivärden has a one year low of $31.26 and a one year high of $36.87.

About AB Industrivärden (publ)

AB Industrivärden is a publicly owned investment manager. The firm invests in the public equity markets of Nordic region. It employs fundamental analysis, with a focus on factors like long term return potential, proven business model, balance between risk and return, and attractive valuation to create its portfolio.