Short Interest in SSAB AB (publ) (OTCMKTS:SSAAF) Declines By 21.7%

SSAB AB (publ) (OTCMKTS:SSAAF) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 217,100 shares, a decline of 21.7% from the February 28th total of 277,300 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 723.7 days.

SSAB AB (publ) Stock Performance

Shares of OTCMKTS SSAAF opened at $6.21 on Monday. The stock’s 50-day moving average is $5.06 and its two-hundred day moving average is $4.81. SSAB AB has a 1-year low of $3.86 and a 1-year high of $7.00.

About SSAB AB (publ)

SSAB AB (publ) produces and sells steel products in Sweden, Finland, Rest of Europe, the United States, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and advanced high-strength steel products for steel and plate production.