Short Interest in SSAB AB (publ) (OTCMKTS:SSAAF) Expands By 38.0%

SSAB AB (publ) (OTCMKTS:SSAAF) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 9,800 shares, a growth of 38.0% from the January 31st total of 7,100 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 49.0 days.

SSAB AB (publ) Price Performance

Shares of OTCMKTS:SSAAF remained flat at $5.09 during midday trading on Wednesday. The stock’s 50-day simple moving average is $4.30 and its 200-day simple moving average is $4.59. SSAB AB has a 52 week low of $3.86 and a 52 week high of $8.23.

About SSAB AB (publ)

SSAB AB (publ) produces and sells steel products in Sweden, Finland, Rest of Europe, the United States, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and advanced high-strength steel products for steel and plate production.