Ratos AB (publ) (OTCMKTS:RTOBF) Sees Large Drop in Short Interest

Ratos AB (publ) (OTCMKTS:RTOBF) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 283,253 shares, a drop of 27.4% from the February 26th total of 390,179 shares. Based on an average daily trading volume, of 260 shares, the days-to-cover ratio is currently 1,089.4 days.

Ratos AB (publ) Stock Performance

Shares of Ratos AB (publ) stock opened at $3.67 on Monday. Ratos AB has a 52 week low of $3.67 and a 52 week high of $3.92. The company’s 50-day moving average price is $3.69 and its two-hundred day moving average price is $3.63.

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.