Investor AB (publ) (OTCMKTS:IVSBF) Sees Significant Growth in Short Interest

Investor AB (publ) (OTCMKTS:IVSBFGet Rating) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 1,624,200 shares, a growth of 23.3% from the April 30th total of 1,317,400 shares. Based on an average daily trading volume, of 25,500 shares, the days-to-cover ratio is presently 63.7 days.

IVSBF stock remained flat at $$18.79 during mid-day trading on Wednesday. Investor AB has a fifty-two week low of $16.50 and a fifty-two week high of $26.13. The firm’s fifty day moving average is $19.89 and its 200-day moving average is $21.60.

Investor AB (publ) Company Profile (Get Rating)

Investor AB (publ) is a venture capital firm specializing in mature, middle market, buyouts and growth capital investments. It is operating through four business areas including core, private equity, operating, and financial investments. For core investments, the firm invests in health care, financial services, IT and fintech sectors and considers investments in listed companies in leading minority positions.

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