Short Interest in ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Declines By 15.4%

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 1,387,900 shares, a decline of 15.4% from the February 13th total of 1,640,300 shares. Based on an average trading volume of 4,400 shares, the short-interest ratio is currently 315.4 days.

ASSA ABLOY AB (publ) Price Performance

Shares of ASSA ABLOY AB (publ) stock opened at $31.40 on Thursday. The business’s fifty day moving average price is $30.24 and its two-hundred day moving average price is $30.80. ASSA ABLOY AB has a 1-year low of $26.25 and a 1-year high of $33.20.

About ASSA ABLOY AB (publ)

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.