Saab AB (publ) (OTCMKTS:SAABF) Short Interest Update

Saab AB (publ) (OTCMKTS:SAABF) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 1,044,400 shares, a decline of 19.1% from the October 15th total of 1,290,900 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is presently 1,492.0 days.

Saab AB (publ) Trading Down 2.1 %

SAABF traded down $0.46 during trading on Friday, reaching $21.14. The company had a trading volume of 118 shares, compared to its average volume of 1,973. Saab AB has a 12-month low of $12.75 and a 12-month high of $26.15. The firm’s 50-day simple moving average is $21.59 and its 200 day simple moving average is $22.52.

Saab AB (publ) (OTCMKTS:SAABF) last posted its earnings results on Tuesday, October 22nd. The company reported $0.17 earnings per share for the quarter. The company had revenue of $1.30 billion during the quarter.

About Saab AB (publ)

Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.