SSAB AB (publ) (OTCMKTS:SSAAF) Short Interest Up 93.5% in June

SSAB AB (publ) (OTCMKTS:SSAAF – Get Free Report) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 12,358 shares, a growth of 93.5% from the May 31st total of 6,385 shares. Based on an average daily trading volume, of 167 shares, the short-interest ratio is presently 74.0 days.

SSAB AB (publ) Price Performance

Shares of SSAAF opened at $9.33 on Thursday. SSAB AB has a 52-week low of $5.69 and a 52-week high of $9.99. The stock has a fifty day simple moving average of $9.12 and a two-hundred day simple moving average of $8.32.

About SSAB AB (publ)

(Get Free Report)

SSAB AB (publ) is a Stockholm-based steel company specializing in the production of high-strength, value-added steel products and solutions. With roots dating back to the formation of SSAB in 1978 through the merger of three Swedish steelworks, the company has evolved into a global supplier of advanced steels tailored for demanding applications. SSAB’s portfolio includes hot- and cold-rolled strip, coated steels, quenched and tempered (Q&T) grades, heavy plate, and wear-resistant Hardox® and structural Strenx® steels.

The company serves a broad range of industries, including automotive, construction, transportation, manufacturing, and energy.

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