Short Interest in SSAB AB (publ) (OTCMKTS:SSAAF) Increases By 566.7%

SSAB AB (publ) (OTCMKTS:SSAAF) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 2,000 shares, a growth of 566.7% from the December 31st total of 300 shares. Based on an average daily trading volume, of 1,000 shares, the days-to-cover ratio is presently 2.0 days.

SSAB AB (publ) Price Performance

Shares of SSAAF remained flat at $3.86 during mid-day trading on Tuesday. SSAB AB has a one year low of $3.86 and a one year high of $8.23. The business’s fifty day moving average is $4.37 and its 200-day moving average is $4.69.

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.