Short Interest in Saab AB (OTCMKTS:SAABY) Increases By 308.8%

Saab AB (OTCMKTS:SAABY) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 27,800 shares, a growth of 308.8% from the January 31st total of 6,800 shares. Based on an average daily volume of 133,500 shares, the days-to-cover ratio is currently 0.2 days.

Saab Trading Up 5.2 %

SAABY traded up $0.76 on Friday, hitting $15.50. 244,709 shares of the company’s stock traded hands, compared to its average volume of 103,167. The firm has a 50 day simple moving average of $11.18. Saab has a one year low of $9.68 and a one year high of $15.50.

Saab Company Profile

Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.