Akzo Nobel (OTCMKTS:AKZOF) Sees Large Decrease in Short Interest

Akzo Nobel (OTCMKTS:AKZOF) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 277,000 shares, a decrease of 16.2% from the February 13th total of 330,600 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 923.3 days.

Akzo Nobel Price Performance

OTCMKTS:AKZOF opened at $66.94 on Tuesday. The firm has a 50-day moving average price of $62.10 and a 200 day moving average price of $62.62. Akzo Nobel has a 12-month low of $56.58 and a 12-month high of $75.28.

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.