Short Interest in ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Declines By 15.4%

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 1,387,900 shares, a drop of 15.4% from the February 13th total of 1,640,300 shares. Based on an average trading volume of 4,400 shares, the days-to-cover ratio is currently 315.4 days.

ASSA ABLOY AB (publ) Stock Performance

Shares of ASAZF opened at $31.40 on Thursday. The stock has a 50 day moving average of $30.24 and a 200-day moving average of $30.80. ASSA ABLOY AB has a 52 week low of $26.25 and a 52 week high of $33.20.

ASSA ABLOY AB (publ) Company Profile

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.