Akzo Nobel (OTCMKTS:AKZOF) Sees Significant Decrease in Short Interest

Akzo Nobel (OTCMKTS:AKZOF) was the target of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 277,000 shares, a decrease of 16.2% from the February 13th total of 330,600 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is currently 923.3 days.

Akzo Nobel Price Performance

Shares of OTCMKTS AKZOF opened at $66.94 on Thursday. Akzo Nobel has a 12-month low of $56.58 and a 12-month high of $75.28. The company’s fifty day simple moving average is $62.39 and its 200 day simple moving average is $62.71.

Akzo Nobel Company Profile

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. The company operates through two segments: Decorative Paints and Performance Coatings. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings.