SSAB AB (publ) (OTCMKTS:SSAAF) Short Interest Down 70.1% in December

SSAB AB (publ) (OTCMKTS:SSAAF) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 5,680 shares, a decline of 70.1% from the November 30th total of 18,979 shares. Based on an average daily volume of 42 shares, the days-to-cover ratio is currently 135.2 days. Based on an average daily volume of 42 shares, the days-to-cover ratio is currently 135.2 days.

SSAB AB (publ) Stock Performance

SSAAF stock remained flat at $7.25 during trading on Friday. The stock has a 50 day moving average price of $7.09 and a 200 day moving average price of $6.44. SSAB AB has a 12-month low of $3.86 and a 12-month high of $7.25.

About SSAB AB (publ)

SSAB AB (publ) is a Stockholm-based steel company specializing in the production of high-strength, value-added steel products and solutions. With roots dating back to the formation of SSAB in 1978 through the merger of three Swedish steelworks, the company has evolved into a global supplier of advanced steels tailored for demanding applications. SSAB’s portfolio includes hot- and cold-rolled strip, coated steels, quenched and tempered (Q&T) grades, heavy plate, and wear-resistant Hardox® and structural Strenx® steels.

The company serves a broad range of industries, including automotive, construction, transportation, manufacturing, and energy.