Short Interest in ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Declines By 99.1%

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 600 shares, a drop of 99.1% from the December 31st total of 63,900 shares. Based on an average trading volume of 372,400 shares, the days-to-cover ratio is presently 0.0 days.

ASSA ABLOY AB (publ) Price Performance

ASAZY traded down $0.07 on Thursday, hitting $15.21. 92,925 shares of the company’s stock were exchanged, compared to its average volume of 152,429. ASSA ABLOY AB has a fifty-two week low of $13.18 and a fifty-two week high of $17.03. The company has a current ratio of 1.13, a quick ratio of 0.70 and a debt-to-equity ratio of 0.52. The firm has a 50-day moving average price of $15.00 and a 200-day moving average price of $15.33. The stock has a market cap of $33.84 billion, a price-to-earnings ratio of 24.53, a P/E/G ratio of 1.65 and a beta of 1.11.

ASSA ABLOY AB (publ) Company Profile

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.