SSAB AB (publ) (OTCMKTS:SSAAF) Short Interest Up 38.0% in February

SSAB AB (publ) (OTCMKTS:SSAAF) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 9,800 shares, an increase of 38.0% from the January 31st total of 7,100 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 49.0 days.

SSAB AB (publ) Price Performance

Shares of SSAB AB (publ) stock remained flat at $5.09 during trading on Tuesday. SSAB AB has a 52-week low of $3.86 and a 52-week high of $8.23. The firm’s 50-day simple moving average is $4.28 and its 200-day simple moving average is $4.58.

SSAB AB (publ) Company Profile

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.