Short Interest in Thule Group AB (publ) (OTCMKTS:THUPY) Declines By 60.2%

Thule Group AB (publ) (OTCMKTS:THUPY) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 533 shares, a decrease of 60.2% from the May 31st total of 1,340 shares. Based on an average trading volume of 1,363 shares, the days-to-cover ratio is presently 0.4 days.

Thule Group AB (publ) Stock Performance

Thule Group AB (publ) stock remained flat at $10.41 during midday trading on Tuesday. The company had a trading volume of 359 shares, compared to its average volume of 1,714. The firm has a fifty day moving average price of $11.79 and a 200-day moving average price of $11.90. Thule Group AB has a 52-week low of $9.90 and a 52-week high of $15.45.

Thule Group AB (publ) Company Profile

Thule Group AB (publ) is a leading global organizer of active lifestyles, headquartered in Malmö, Sweden. The company designs, develops and markets a broad portfolio of products that enable the transport, protection and storage of sports equipment and travel gear. Its core offerings include roof racks, bike racks, roof boxes, towbars and accessories for automobiles, as well as luggage, backpacks and other travel solutions.

Founded in 1942, Thule has evolved from a Swedish family enterprise into a multinational business with a presence in more than 140 countries.