Thule Group AB (publ) (OTCMKTS:THUPY) Short Interest Up 101.5% in June

Thule Group AB (publ) (OTCMKTS:THUPY) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 1,074 shares, a growth of 101.5% from the June 15th total of 533 shares. Based on an average daily trading volume, of 627 shares, the days-to-cover ratio is presently 1.7 days.

Thule Group AB (publ) Price Performance

THUPY opened at $10.70 on Wednesday. The firm’s fifty day moving average price is $11.22 and its 200 day moving average price is $11.72. Thule Group AB has a 12-month low of $9.90 and a 12-month high of $15.45.

About Thule Group AB (publ)

Thule Group AB (publ) is a leading global organizer of active lifestyles, headquartered in Malmö, Sweden. The company designs, develops and markets a broad portfolio of products that enable the transport, protection and storage of sports equipment and travel gear. Its core offerings include roof racks, bike racks, roof boxes, towbars and accessories for automobiles, as well as luggage, backpacks and other travel solutions.

Founded in 1942, Thule has evolved from a Swedish family enterprise into a multinational business with a presence in more than 140 countries.