Short Interest in Saab AB (OTCMKTS:SAABY) Increases By 308.8%

Saab AB (OTCMKTS:SAABY) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 27,800 shares, a growth of 308.8% from the January 31st total of 6,800 shares. Based on an average daily trading volume, of 133,500 shares, the days-to-cover ratio is currently 0.2 days.

Saab Stock Performance

Shares of SAABY opened at $14.74 on Friday. Saab has a 1 year low of $9.68 and a 1 year high of $14.97. The company has a fifty day moving average price of $11.08.

Saab Company Profile

Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.