Fabege AB (publ) (OTCMKTS:FBGGF) Sees Significant Drop in Short Interest

Fabege AB (publ) (OTCMKTS:FBGGF) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 3,184,800 shares, a decrease of 7.6% from the September 15th total of 3,448,200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 31,848.0 days.

Fabege AB (publ) Stock Performance

Shares of Fabege AB (publ) stock traded down $0.64 during trading on Wednesday, reaching $9.17. The company’s stock had a trading volume of 847 shares, compared to its average volume of 724. The company has a 50-day moving average price of $8.96 and a two-hundred day moving average price of $9.15. Fabege AB has a fifty-two week low of $8.57 and a fifty-two week high of $9.81.

Fabege AB (publ) Company Profile

Fabege AB (publ), a property company, focuses primarily on the development, investment, and management of commercial premises in Sweden. Its property portfolio comprises office, retail, industrial/warehouse, residential, hotel, and garage properties. The company also engages in the acquisition and sale of properties.