ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Sees Significant Decrease in Short Interest

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 600 shares, a drop of 99.1% from the December 31st total of 63,900 shares. Based on an average daily trading volume, of 372,400 shares, the days-to-cover ratio is currently 0.0 days.

ASSA ABLOY AB (publ) Trading Up 1.1 %

ASAZY stock traded up $0.17 during trading on Friday, reaching $15.38. 136,532 shares of the stock traded hands, compared to its average volume of 150,343. The firm has a market capitalization of $34.22 billion, a PE ratio of 24.81, a P/E/G ratio of 1.65 and a beta of 1.11. ASSA ABLOY AB has a 52-week low of $13.18 and a 52-week high of $17.03. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.13 and a quick ratio of 0.70. The business’s 50 day moving average price is $15.01 and its 200-day moving average price is $15.33.

ASSA ABLOY AB (publ) Company Profile

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.