Akzo Nobel (OTCMKTS:AKZOF) Sees Large Increase in Short Interest

Akzo Nobel (OTCMKTS:AKZOF) was the recipient of a significant growth in short interest in November. As of November 30th, there was short interest totalling 304,300 shares, a growth of 6.3% from the November 15th total of 286,400 shares. Based on an average trading volume of 2,000 shares, the short-interest ratio is currently 152.2 days.

Akzo Nobel Price Performance

Shares of AKZOF stock opened at $59.96 on Friday. The firm has a fifty day moving average of $63.79 and a two-hundred day moving average of $63.28. Akzo Nobel has a 1-year low of $57.46 and a 1-year high of $80.91.

About Akzo Nobel

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. The company operates through two segments: Decorative Paints and Performance Coatings. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings.