Short Interest in SSAB AB (publ) (OTCMKTS:SSAAF) Grows By 49.3%

SSAB AB (publ) (OTCMKTS:SSAAFGet Free Report) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 821,400 shares, an increase of 49.3% from the May 15th total of 550,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 8,214.0 days.

SSAB AB (publ) Stock Performance

Shares of SSAB AB (publ) stock remained flat at $5.50 on Friday. 2 shares of the stock were exchanged, compared to its average volume of 1,887. The business has a 50-day simple moving average of $6.03 and a 200 day simple moving average of $6.80. SSAB AB has a twelve month low of $5.17 and a twelve month high of $8.23.

SSAB AB (publ) Company Profile

(Get Free Report)

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.

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