AB Industrivärden (publ) (OTCMKTS:IDDTF) Short Interest Up 19.3% in March

AB Industrivärden (publ) (OTCMKTS:IDDTF) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 620,530 shares, a growth of 19.3% from the February 26th total of 520,218 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

AB Industrivärden (publ) Stock Performance

Shares of IDDTF stock opened at C$41.71 on Thursday. AB Industrivärden has a fifty-two week low of C$34.25 and a fifty-two week high of C$41.71. The business has a fifty day simple moving average of C$41.71 and a 200-day simple moving average of C$41.71.

AB Industrivärden (publ) Company Profile

AB Industrivärden (publ) is a Stockholm-based investment company with roots dating back to 1944. As a publicly traded holding company, Industrivärden acquires and manages long-term equity investments in primarily Nordic listed companies. The company is headquartered in Stockholm and maintains a focus on industrial and financial sectors, leveraging its deep market knowledge to foster sustainable value creation.

Industrivärden’s core business activity is strategic equity investment. It typically holds significant minority stakes in major Swedish and Nordic corporations, often taking board seats to support governance and strategic development.