Short Interest in ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Decreases By 9.9%

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) was the target of a large decline in short interest in October. As of October 15th, there was short interest totalling 1,614,000 shares, a decline of 9.9% from the September 30th total of 1,791,200 shares. Based on an average daily trading volume, of 3,700 shares, the days-to-cover ratio is presently 436.2 days.

ASSA ABLOY AB (publ) Stock Performance

OTCMKTS:ASAZF opened at $31.35 on Wednesday. The stock’s 50 day moving average price is $31.75 and its 200 day moving average price is $29.34. ASSA ABLOY AB has a 52 week low of $20.16 and a 52 week high of $33.20.

ASSA ABLOY AB (publ) Company Profile

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.