ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Sees Significant Decrease in Short Interest

ASSA ABLOY AB (publ) (OTCMKTS:ASAZFGet Rating) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 2,031,200 shares, a drop of 23.8% from the March 15th total of 2,665,600 shares. Based on an average daily trading volume, of 4,700 shares, the days-to-cover ratio is currently 432.2 days.

Shares of ASAZF opened at $26.04 on Monday. The business has a fifty day moving average of $27.09 and a 200 day moving average of $28.55. ASSA ABLOY AB has a 52-week low of $23.22 and a 52-week high of $33.73.

ASSA ABLOY AB (publ) Company Profile (Get Rating)

ASSA ABLOY AB (publ) provides door opening products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, Africa, North and South America, Asia, and Oceania. The company offers mechanical and electromechanical locks, digital door locks, cylinders, door fittings, security doors, door frames, access control devices, and fire doors, as well as hardware products.

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