ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Sees Significant Increase in Short Interest

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 63,900 shares, an increase of 24.6% from the December 31st total of 51,300 shares. Based on an average trading volume of 284,000 shares, the short-interest ratio is currently 0.2 days.

ASSA ABLOY AB (publ) Price Performance

Shares of ASAZY stock traded down $0.12 during midday trading on Friday, reaching $15.26. 119,718 shares of the company traded hands, compared to its average volume of 149,996. The firm's 50 day simple moving average is $15.01 and its two-hundred day simple moving average is $15.33. ASSA ABLOY AB has a 1-year low of $13.18 and a 1-year high of $17.03. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.13 and a quick ratio of 0.70. The firm has a market cap of $33.96 billion, a PE ratio of 24.61, a price-to-earnings-growth ratio of 1.65 and a beta of 1.11.

About ASSA ABLOY AB (publ)

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.