Short Interest in Saab AB (publ) (OTCMKTS:SAABF) Increases By 64.3%

Saab AB (publ) (OTCMKTS:SAABF) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totalling 1,290,900 shares, a growth of 64.3% from the September 30th total of 785,600 shares. Based on an average trading volume of 700 shares, the short-interest ratio is presently 1,844.1 days.

Saab AB (publ) Stock Performance

OTCMKTS SAABF opened at $22.00 on Friday. Saab AB has a twelve month low of $12.75 and a twelve month high of $26.15. The stock’s 50 day moving average is $22.09 and its 200 day moving average is $22.46.

Saab AB (publ) Company Profile

Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.