Investment AB Latour (publ) (OTCMKTS:IVTBF) Stock Short Interest Falls 52.7%

Investment AB Latour (publ) (OTCMKTS:IVTBF) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 183,444 shares, a decline of 52.7% from the August 31st total of 387,840 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Investment AB Latour (publ) Stock Performance

Shares of IVTBF stock remained flat at $19.86 during mid-day trading on Tuesday. Investment AB Latour has a twelve month low of $19.86 and a twelve month high of $27.65. The business’s 50-day moving average price is $19.86 and its 200-day moving average price is $22.23.

Institutional Investors Weigh In On Investment AB Latour (publ)

A hedge fund recently bought a new position in Investment AB Latour (publ) stock. IMC Chicago LLC bought a new position in shares of Investment AB Latour (publ) (OTCMKTS:IVTBF) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 13,352 shares of the company’s stock, valued at approximately $227,000.

Investment AB Latour (publ) Company Profile

Investment AB Latour (publ) is a Swedish investment company that combines long-term ownership of industrial businesses with investments in publicly listed companies. Founded in 1985, the company is associated with the Douglas family and focuses on owning businesses with strong market positions, sustainable business models and opportunities for international growth.

Latour’s wholly owned industrial operations include companies such as Hultafors Group, Latour Industries, Nord-Lock Group and Swegon.