AAK AB (publ.) (OTCMKTS:ARHUF) Sees Large Drop in Short Interest

AAK AB (publ.) (OTCMKTS:ARHUFGet Rating) saw a significant drop in short interest in May. As of May 31st, there was short interest totalling 335,300 shares, a drop of 41.4% from the May 15th total of 572,600 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 3,353.0 days.

OTCMKTS ARHUF opened at $19.15 on Monday. The stock’s 50-day moving average is $19.13 and its two-hundred day moving average is $18.88. AAK AB has a fifty-two week low of $19.15 and a fifty-two week high of $19.15.

About AAK AB (publ.) (Get Rating)

AAK AB (publ.) develops and sells plant-based oils and fats worldwide. It offers food ingredients for the bakery, dairy, foodservice, and special nutrition industries; chocolate and confectionery, including cocoa butter alternatives, compound fats, filling fats, barrier fats, and spreads; caramel products; and functional emollients for the cosmetics industry.

Further Reading

Receive News & Ratings for AAK AB (publ.) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AAK AB (publ.) and related companies with MarketBeat.com's FREE daily email newsletter.