SSAB (OTCMKTS:SSAAY) Shares Shorted: Short Interest Down 53.8% in September

Posted by Brian Himes on Sep 29th, 2026

SSAB (OTCMKTS:SSAAY – Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 92 shares, a decrease of 53.8% from the August 31st total of 199 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 365 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

SSAAY has been the topic of a number of recent analyst reports. Morgan Stanley restated an “overweight” rating on shares of SSAB in a research note on Tuesday, July 28th. Citigroup reiterated a “buy” rating on shares of SSAB in a research note on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of SSAB in a research note on Friday, September 4th. Finally, Dnb Carnegie downgraded SSAB from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, SSAB currently has an average rating of “Moderate Buy”.

Check Out Our Latest Analysis on SSAB

SSAB Stock Performance

OTCMKTS SSAAY traded down $0.02 during trading hours on Tuesday, reaching $5.40. The company’s stock had a trading volume of 407 shares, compared to its average volume of 244. The company has a current ratio of 2.43, a quick ratio of 1.37 and a debt-to-equity ratio of 0.10. The business has a 50-day simple moving average of $5.42 and a 200 day simple moving average of $4.93. SSAB has a 52 week low of $3.00 and a 52 week high of $5.74. The stock has a market cap of $10.76 billion, a PE ratio of 18.00 and a beta of 1.42.

SSAB (OTCMKTS:SSAAY – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The basic materials company reported $0.11 EPS for the quarter. The firm had revenue of $2.94 billion during the quarter. SSAB had a return on equity of 8.18% and a net margin of 5.73%. Equities research analysts predict that SSAB will post 0.39 earnings per share for the current fiscal year.

About SSAB

(Get Free Report)

SSAB AB is a Sweden-based steel company that develops and produces high-strength, special, and conventional steel products for industrial customers worldwide. Its offerings include advanced high-strength steels, wear-resistant steels, quenched and tempered steels, structural steels, and color-coated products used in vehicles, construction equipment, infrastructure, energy, and other industrial applications.

The company operates through business areas including SSAB Special Steels, SSAB Europe, and SSAB Americas.