Short Interest in Saab AB (publ) (OTCMKTS:SAABF) Drops By 19.1%

Saab AB (publ) (OTCMKTS:SAABF) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 1,044,400 shares, a decline of 19.1% from the October 15th total of 1,290,900 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is currently 1,492.0 days.

Saab AB (publ) Stock Down 2.1 %

OTCMKTS:SAABF traded down $0.46 on Friday, reaching $21.14. The company’s stock had a trading volume of 118 shares, compared to its average volume of 1,973. Saab AB has a 1-year low of $12.75 and a 1-year high of $26.15. The business’s 50-day moving average price is $21.59 and its two-hundred day moving average price is $22.50.

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

Saab AB (publ) Company Profile

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.