Thule Group AB (publ) (OTCMKTS:THUPY) Sees Large Growth in Short Interest

Thule Group AB (publ) (OTCMKTS:THUPYGet Free Report) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,074 shares, an increase of 101.5% from the June 15th total of 533 shares. Based on an average trading volume of 627 shares, the short-interest ratio is presently 1.7 days.

Thule Group AB (publ) Stock Performance

Shares of OTCMKTS:THUPY opened at $10.70 on Wednesday. The company’s 50-day moving average price is $11.22 and its 200 day moving average price is $11.72. Thule Group AB has a fifty-two week low of $9.90 and a fifty-two week high of $15.45.

Thule Group AB (publ) Company Profile

(Get Free Report)

Thule Group AB (publ) is a leading global organizer of active lifestyles, headquartered in Malmö, Sweden. The company designs, develops and markets a broad portfolio of products that enable the transport, protection and storage of sports equipment and travel gear. Its core offerings include roof racks, bike racks, roof boxes, towbars and accessories for automobiles, as well as luggage, backpacks and other travel solutions.

Founded in 1942, Thule has evolved from a Swedish family enterprise into a multinational business with a presence in more than 140 countries.

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