Hufvudstaden AB (publ) (OTCMKTS:HUFAF) Short Interest Update

Hufvudstaden AB (publ) (OTCMKTS:HUFAF) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 1,320,771 shares, an increase of 121.2% from the June 30th total of 596,994 shares. Based on an average trading volume of 128 shares, the days-to-cover ratio is currently 10,318.5 days.

Hufvudstaden AB (publ) Stock Performance

Shares of OTCMKTS HUFAF remained flat at $12.89 during mid-day trading on Tuesday. The firm has a 50-day simple moving average of $12.81 and a 200 day simple moving average of $13.12. Hufvudstaden AB has a 12-month low of $12.78 and a 12-month high of $12.89.

About Hufvudstaden AB (publ)

Hufvudstaden AB (publ) is a Swedish real estate company specializing in the ownership, management and development of high-quality commercial properties in central Stockholm and Gothenburg. Founded in 1915, the company’s portfolio includes retail, office and mixed-use buildings situated in premier urban districts such as Norrmalm and Östermalm in Stockholm, as well as the central shopping avenues of Gothenburg.

The company’s activities span leasing, property management and project development, with a focus on refurbishing and upgrading existing assets to meet contemporary tenant requirements.