EQT AB (publ) (OTCMKTS:EQBBF) Short Interest Update

EQT AB (publ) (OTCMKTS:EQBBFGet Rating) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 1,117,000 shares, a drop of 31.9% from the March 31st total of 1,640,900 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Shares of EQT AB (publ) stock opened at $27.00 on Friday. The stock has a 50 day moving average price of $27.90 and a 200-day moving average price of $42.05. EQT AB has a one year low of $25.00 and a one year high of $60.77.

Several analysts recently issued reports on the company. SEB Equities raised EQT AB (publ) from a “hold” rating to a “buy” rating in a research note on Tuesday, January 11th. UBS Group upgraded EQT AB (publ) from a “neutral” rating to a “buy” rating in a report on Thursday, January 27th. Morgan Stanley cut their price target on EQT AB (publ) from SEK 612 to SEK 425 and set an “overweight” rating for the company in a report on Friday, March 11th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on EQT AB (publ) from SEK 380 to SEK 400 in a report on Thursday, March 17th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $288.75.

EQT AB (publ) Company Profile (Get Rating)

EQT AB (publ) is a private equity firm specializing in buyout investments. The firm focuses on Private Capital & Real Asset segments. It seeks to make investments globally. It seeks to take a majority stake. EQT AB (publ) was founded in 2012 and is based in Stockholm, Sweden and additional offices in Sydney, Australia and Tokyo, Japan.

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