Short Interest in Akzo Nobel (OTCMKTS:AKZOF) Drops By 16.2%

Akzo Nobel (OTCMKTS:AKZOF) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 277,000 shares, a drop of 16.2% from the February 13th total of 330,600 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 923.3 days.

Akzo Nobel Price Performance

AKZOF stock opened at $66.94 on Wednesday. The business has a fifty day moving average of $62.25 and a two-hundred day moving average of $62.68. Akzo Nobel has a 52-week low of $56.58 and a 52-week high of $75.28.

About Akzo Nobel

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. The company operates through two segments: Decorative Paints and Performance Coatings. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings.