AAK AB (publ.) (OTCMKTS:ARHUF) Sees Significant Drop in Short Interest

AAK AB (publ.) (OTCMKTS:ARHUF) was the recipient of a significant drop in short interest in November. As of November 15th, there was short interest totalling 152,500 shares, a drop of 9.3% from the October 31st total of 168,100 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

AAK AB (publ.) Price Performance

Shares of AAK AB (publ.) stock remained flat at $19.26 during trading on Tuesday. The firm has a 50-day moving average price of $19.26 and a 200-day moving average price of $19.26. AAK AB has a 1-year low of $19.06 and a 1-year high of $19.26.

AAK AB (publ.) Company Profile

AAK AB (publ.) develops and sells plant-based oils and fats in Sweden and internationally. The company operates through Food Ingredients, Chocolate & Confectionery Fats, and Technical Products & Feed. It offers food ingredients for bakery, dairy, nutrition, plant-based, and foodservice industries; chocolate and confectionery fats that serves the manufacturers of chocolate, spreads, and fillings products, as well as in the personal care industry; and plant based emollients distinct from synthetic, animal, or fossil based raw materials used in face, body, and sun care products.