Saab AB (publ) (OTCMKTS:SAABF) Sees Large Decline in Short Interest

Saab AB (publ) (OTCMKTS:SAABF) was the target of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 716,000 shares, a decrease of 15.7% from the November 15th total of 849,800 shares. Based on an average trading volume of 6,600 shares, the days-to-cover ratio is currently 108.5 days.

Saab AB (publ) Price Performance

Shares of OTCMKTS SAABF opened at $21.26 on Friday. Saab AB has a 52-week low of $14.33 and a 52-week high of $26.15. The business has a 50-day moving average price of $21.78 and a 200 day moving average price of $22.70.

Saab AB (publ) (OTCMKTS:SAABF) last announced its earnings results on Tuesday, October 22nd. The company reported $0.17 earnings per share (EPS) for the quarter. The firm had revenue of $1.30 billion during the quarter.

About Saab AB (publ)

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.