SSAB AB (publ) (OTCMKTS:SSAAF) Short Interest Update

SSAB AB (publ) (OTCMKTS:SSAAF) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 32,440 shares, a drop of 43.6% from the August 15th total of 57,528 shares. Based on an average daily volume of 1 shares, the days-to-cover ratio is presently 32,440.0 days.

SSAB AB (publ) Stock Performance

OTCMKTS SSAAF opened at $9.33 on Tuesday. The business’s fifty day moving average is $9.33 and its 200-day moving average is $8.87. SSAB AB has a one year low of $5.69 and a one year high of $9.99.

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.