Akzo Nobel (OTCMKTS:AKZOF – Get Free Report) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 286,400 shares, a drop of 28.8% from the October 31st total of 402,500 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is currently 238.7 days.
Akzo Nobel Trading Down 2.1 %
Shares of Akzo Nobel stock traded down $1.25 on Friday, hitting $57.75. 1,027 shares of the company were exchanged, compared to its average volume of 746. The company has a 50-day moving average price of $65.32 and a 200 day moving average price of $63.95. Akzo Nobel has a 1-year low of $57.46 and a 1-year high of $80.91.
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