Akzo Nobel (OTCMKTS:AKZOF) Short Interest Update

Akzo Nobel (OTCMKTS:AKZOF) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 598,100 shares, a growth of 115.9% from the February 28th total of 277,000 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is presently 854.4 days.

Akzo Nobel Price Performance

Shares of OTCMKTS:AKZOF opened at $63.34 on Friday. Akzo Nobel has a 1 year low of $56.58 and a 1 year high of $75.28. The company’s 50 day simple moving average is $63.16 and its 200 day simple moving average is $63.01.

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.