Ratos AB (publ) (OTCMKTS:RTOBF) Sees Significant Decrease in Short Interest

Ratos AB (publ) (OTCMKTS:RTOBF) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 390,179 shares, a drop of 16.1% from the February 12th total of 464,881 shares. Based on an average trading volume of 267 shares, the days-to-cover ratio is presently 1,461.3 days. Based on an average trading volume of 267 shares, the days-to-cover ratio is presently 1,461.3 days.

Ratos AB (publ) Stock Performance

Shares of RTOBF remained flat at $3.92 during midday trading on Monday. The business has a 50-day moving average of $3.66 and a 200-day moving average of $3.62. Ratos AB has a 52-week low of $3.14 and a 52-week high of $3.92.

Ratos AB (publ) Company Profile

Ratos AB (publ) is a Sweden‐based private equity and investment company that acquires, develops and divests medium‐sized businesses across a variety of industries. The firm operates as an active owner, providing strategic guidance, operational support and financial resources to help its portfolio companies accelerate growth. Ratos typically targets businesses with established market positions in the industrial, service and consumer sectors.

The company’s portfolio spans sectors such as industrial technology, building and construction products, consumer goods and business services.