Short Interest in SSAB AB (publ) (OTCMKTS:SSAAF) Increases By 11,490.9%

SSAB AB (publ) (OTCMKTS:SSAAF) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 127,500 shares, a growth of 11,490.9% from the August 31st total of 1,100 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 318.8 days.

SSAB AB (publ) Stock Performance

SSAB AB (publ) stock traded up $0.83 on Friday, hitting $5.40. 2,850 shares of the stock traded hands, compared to its average volume of 1,774. The business’s fifty day simple moving average is $4.71 and its 200 day simple moving average is $5.59. SSAB AB has a 1 year low of $4.32 and a 1 year high of $8.23.

About SSAB AB (publ)

SSAB AB (publ) produces and sells steel products in Sweden, Finland, Rest of Europe, the United States, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and advanced high-strength steel products for steel and plate production.