SSAB AB (publ) (OTCMKTS:SSAAF) Sees Large Growth in Short Interest

SSAB AB (publ) (OTCMKTS:SSAAF) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,100 shares, an increase of 1,000.0% from the August 15th total of 100 shares. Based on an average daily volume of 8,000 shares, the short-interest ratio is currently 0.1 days.

SSAB AB (publ) Trading Up 1.3 %

SSAAF stock traded up $0.06 during trading on Friday, reaching $4.57. 1,600 shares of the company’s stock were exchanged, compared to its average volume of 1,720. SSAB AB has a 1-year low of $4.32 and a 1-year high of $8.23. The company’s fifty day moving average price is $4.90 and its 200-day moving average price is $5.78.

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.