SSAB AB (publ) (OTCMKTS:SSAAF) Short Interest Up 424.2% in March

SSAB AB (publ) (OTCMKTS:SSAAF) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 1,303,600 shares, an increase of 424.2% from the February 29th total of 248,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 13,036.0 days.

SSAB AB (publ) Price Performance

OTCMKTS SSAAF remained flat at $6.76 during midday trading on Thursday. The stock has a fifty day simple moving average of $7.44 and a 200 day simple moving average of $6.62. SSAB AB has a fifty-two week low of $5.17 and a fifty-two week high of $8.23.

SSAB AB (publ) Company Profile

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.