Short Interest in Fortnox AB (publ) (OTCMKTS:FNOXF) Increases By 31.1%

Fortnox AB (publ) (OTCMKTS:FNOXF) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 5,889,300 shares, a growth of 31.1% from the August 15th total of 4,491,900 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Fortnox AB (publ) Stock Performance

Shares of FNOXF remained flat at $7.17 on Monday. Fortnox AB has a 52 week low of $4.21 and a 52 week high of $7.22. The business’s 50-day moving average price is $7.17 and its 200-day moving average price is $7.17.

About Fortnox AB (publ)

Fortnox AB (publ) provides products, packages, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations. The company offers bookkeeping, approval and review, supplier invoice, approval, invoice data capture, fixed assets, register, read, and audit access products; invoicing, basic invoicing, inventory, quote, order, autogiro, and time products; and annual accounts and taxes, reconciliation and reporting, group, and company manager reporting products.