Saab AB (OTCMKTS:SAABY) Short Interest Update

Saab AB (OTCMKTS:SAABY) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 27,800 shares, an increase of 308.8% from the January 31st total of 6,800 shares. Based on an average daily trading volume, of 133,500 shares, the days-to-cover ratio is currently 0.2 days.

Saab Trading Up 5.2 %

Shares of OTCMKTS:SAABY opened at $15.50 on Friday. Saab has a 52-week low of $9.68 and a 52-week high of $15.50. The business has a 50 day moving average price of $11.18.

About Saab

Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.