Akzo Nobel (OTCMKTS:AKZOF) Sees Significant Decline in Short Interest

Akzo Nobel (OTCMKTS:AKZOF) was the recipient of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 286,400 shares, a decrease of 28.8% from the October 31st total of 402,500 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is presently 238.7 days.

Akzo Nobel Price Performance

OTCMKTS:AKZOF remained flat at $59.00 during trading hours on Friday. 2,219 shares of the company’s stock were exchanged, compared to its average volume of 739. The company’s 50-day moving average is $65.50 and its 200 day moving average is $64.05. Akzo Nobel has a 12 month low of $57.46 and a 12 month high of $80.91.

About Akzo Nobel

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. The company operates through two segments: Decorative Paints and Performance Coatings. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings.