AB Industrivärden (publ) (OTCMKTS:IDTVF) Sees Large Decrease in Short Interest

AB Industrivärden (publ) (OTCMKTS:IDTVF) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 37,100 shares, a decrease of 9.7% from the September 15th total of 41,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 371.0 days.

AB Industrivärden (publ) Price Performance

Shares of IDTVF stock remained flat at $31.26 during mid-day trading on Tuesday. AB Industrivärden has a 1-year low of $31.26 and a 1-year high of $36.87. The business’s fifty day moving average price is $31.26 and its 200-day moving average price is $31.26.

AB Industrivärden (publ) Company Profile

AB Industrivärden is a publicly owned investment manager. The firm invests in the public equity markets of Nordic region. It employs fundamental analysis, with a focus on factors like long term return potential, proven business model, balance between risk and return, and attractive valuation to create its portfolio.