AB Industrivärden (publ) (OTCMKTS:IDTVF) Sees Large Growth in Short Interest

AB Industrivärden (publ) (OTCMKTS:IDTVF) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 303,800 shares, a growth of 16.5% from the March 31st total of 260,700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 3,038.0 days.

AB Industrivärden (publ) Stock Up 5.3 %

Shares of OTCMKTS:IDTVF opened at $36.87 on Monday. AB Industrivärden has a 1-year low of $35.00 and a 1-year high of $36.87. The business’s 50 day simple moving average is $36.31.

About AB Industrivärden (publ)

AB Industrivärden is a publicly owned investment manager. The firm invests in the public equity markets of Nordic region. It employs fundamental analysis, with a focus on factors like long term return potential, proven business model, balance between risk and return, and attractive valuation to create its portfolio.