Short Interest in ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Declines By 34.2%

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 2,212,607 shares, a decline of 34.2% from the May 31st total of 3,362,026 shares. Based on an average trading volume of 2,637 shares, the days-to-cover ratio is presently 839.1 days.

ASSA ABLOY AB (publ) Stock Performance

Shares of OTCMKTS:ASAZF opened at $34.43 on Thursday. ASSA ABLOY AB has a 52-week low of $29.48 and a 52-week high of $43.77. The stock’s fifty day simple moving average is $35.99 and its 200-day simple moving average is $38.30.

ASSA ABLOY AB (publ) Company Profile

ASSA ABLOY AB (publ) is a Swedish manufacturer and global provider of door opening solutions, operating across a comprehensive range of mechanical and electromechanical hardware, access control systems, identification technologies and services. The company’s product portfolio includes locks, door closers, hinges, security doors and frames, intelligent entrance systems, biometrics, electronic access control, safe locks and digital door locks. These offerings are designed to enhance safety, convenience and efficiency for residential, commercial, institutional and industrial customers.

Founded in 1994 through the merger of ASSA in Sweden and Abloy in Finland, ASSA ABLOY has grown through organic development and acquisitions, establishing a broad footprint of production sites, research centers and sales offices.