Short Interest in Fabege AB (publ) (OTCMKTS:FBGGF) Increases By 37.4%

Fabege AB (publ) (OTCMKTS:FBGGF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 2,937,500 shares, a growth of 37.4% from the February 28th total of 2,137,500 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 14,687.5 days.

Fabege AB (publ) Stock Performance

Shares of OTCMKTS FBGGF remained flat at $7.26 during midday trading on Tuesday. Fabege AB has a 1 year low of $7.26 and a 1 year high of $9.81. The firm has a 50-day simple moving average of $7.96 and a two-hundred day simple moving average of $8.33.

About Fabege AB (publ)

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.