SSAB AB (publ) (OTCMKTS:SSAAF) Short Interest Update

SSAB AB (publ) (OTCMKTS:SSAAF) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 32,440 shares, a decrease of 43.6% from the August 15th total of 57,528 shares. Based on an average daily trading volume, of 1 shares, the short-interest ratio is presently 32,440.0 days.

SSAB AB (publ) Price Performance

Shares of OTCMKTS SSAAF remained flat at $9.33 during midday trading on Thursday. SSAB AB has a 52 week low of $5.69 and a 52 week high of $9.99. The stock’s 50-day moving average price is $9.33 and its two-hundred day moving average price is $8.89.

About SSAB AB (publ)

SSAB AB (publ) is a Stockholm-based steel company specializing in the production of high-strength, value-added steel products and solutions. With roots dating back to the formation of SSAB in 1978 through the merger of three Swedish steelworks, the company has evolved into a global supplier of advanced steels tailored for demanding applications. SSAB’s portfolio includes hot- and cold-rolled strip, coated steels, quenched and tempered (Q&T) grades, heavy plate, and wear-resistant Hardox® and structural Strenx® steels.

The company serves a broad range of industries, including automotive, construction, transportation, manufacturing, and energy.