Saab AB (publ) (OTCMKTS:SAABF) Short Interest Update

Saab AB (publ) (OTCMKTS:SAABFGet Rating) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 75,700 shares, a growth of 17.0% from the February 13th total of 64,700 shares. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is presently 34.4 days.

Saab AB (publ) Trading Up 0.7 %

Shares of SAABF opened at $59.43 on Monday. Saab AB has a 52-week low of $30.52 and a 52-week high of $59.43. The business’s fifty day moving average is $46.26 and its 200-day moving average is $38.40.

Saab AB (publ) (OTCMKTS:SAABFGet Rating) last released its quarterly earnings results on Friday, February 10th. The company reported $0.78 EPS for the quarter. The company had revenue of $1.29 billion during the quarter.

Analysts Set New Price Targets

Separately, Citigroup cut shares of Saab AB (publ) from a “buy” rating to a “neutral” rating in a research report on Thursday.

About Saab AB (publ)

(Get Rating)

Saab AB engages in the production and sale of products, services, and solutions for military defence, commercial aviation and civil security. It operates through the following segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. The Aeronatics segment includes advanced development of military and civil aviation technology.

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