Thule Group AB (publ) (OTCMKTS:THUPY) Short Interest Update

Thule Group AB (publ) (OTCMKTS:THUPYGet Rating) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totalling 2,800 shares, a growth of 75.0% from the April 30th total of 1,600 shares. Based on an average daily volume of 5,100 shares, the short-interest ratio is currently 0.5 days.

OTCMKTS:THUPY opened at $15.53 on Friday. The company’s 50-day moving average is $18.45 and its two-hundred day moving average is $23.02. Thule Group AB has a 1-year low of $15.00 and a 1-year high of $31.00.

Several analysts recently issued reports on the stock. Danske raised shares of Thule Group AB (publ) from a “hold” rating to a “buy” rating in a research note on Wednesday, March 9th. Kepler Capital Markets raised shares of Thule Group AB (publ) from a “hold” rating to a “buy” rating in a research note on Thursday, February 10th.

About Thule Group AB (publ) (Get Rating)

Thule Group AB (publ) operates as a sports and outdoor company. It offers roof racks; roof boxes; carriers for transporting bikes, water, and winter sports equipment and rooftop tents; awnings, bike carriers, and tents for RVs and caravans; bike trailers, child bike seats, and strollers; luggage, backpacks, and laptop and sport bags; and hiking backpacks, camera bags, and cases for consumer electronics.

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