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

SSAB AB (publ) (OTCMKTS:SSAAF) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 12,358 shares, an increase of 93.5% from the May 31st total of 6,385 shares. Based on an average daily trading volume, of 167 shares, the days-to-cover ratio is currently 74.0 days.

SSAB AB (publ) Price Performance

Shares of SSAAF stock opened at $9.33 on Friday. The firm has a 50 day moving average of $9.15 and a two-hundred day moving average of $8.34. SSAB AB has a 52 week low of $5.69 and a 52 week high of $9.99.

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.