Short Interest in Akzo Nobel (OTCMKTS:AKZOF) Decreases By 31.9%

Akzo Nobel (OTCMKTS:AKZOF) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 306,600 shares, a decrease of 31.9% from the December 15th total of 450,300 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 191.6 days.

Akzo Nobel Stock Performance

Shares of AKZOF stock remained flat at $59.91 on Friday. 55 shares of the company were exchanged, compared to its average volume of 720. The company’s fifty day moving average price is $60.08 and its 200 day moving average price is $62.00. Akzo Nobel has a 12-month low of $56.58 and a 12-month high of $75.70.

Akzo Nobel Company Profile

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.