Short Interest in Akzo Nobel (OTCMKTS:AKZOF) Grows By 29.8%

Akzo Nobel (OTCMKTS:AKZOF) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 484,900 shares, a growth of 29.8% from the March 31st total of 373,600 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 808.2 days.

Akzo Nobel Stock Performance

Akzo Nobel stock opened at $55.95 on Friday. Akzo Nobel has a 1 year low of $53.63 and a 1 year high of $70.35. The company’s 50-day moving average is $61.11 and its two-hundred day moving average is $61.36.

About Akzo Nobel

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. The company operates through two segments: Decorative Paints and Performance Coatings. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings.