AB Industrivärden (publ) (OTCMKTS:IDDTF) Short Interest Down 11.2% in October

AB Industrivärden (publ) (OTCMKTS:IDDTF) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 420,300 shares, a decline of 11.2% from the October 15th total of 473,200 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 2,101.5 days.

AB Industrivärden (publ) Stock Performance

IDDTF stock opened at C$34.30 on Monday. The firm’s 50-day moving average is C$33.85 and its two-hundred day moving average is C$33.00. AB Industrivärden has a 52 week low of C$34.30 and a 52 week high of C$34.30.

AB Industrivärden (publ) Company Profile

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.