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

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) was the target of a significant drop in short interest in 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 daily trading volume, of 372,400 shares, the days-to-cover ratio is presently 0.0 days.

ASSA ABLOY AB (publ) Stock Performance

Shares of OTCMKTS ASAZY traded down $0.12 during mid-day trading on Friday, hitting $15.26. The company had a trading volume of 119,718 shares, compared to its average volume of 149,996. ASSA ABLOY AB has a 12 month low of $13.18 and a 12 month 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's 50 day simple moving average is $15.01 and its two-hundred day simple moving average is $15.33. The stock has a market cap of $33.96 billion, a price-to-earnings ratio of 24.61, a PEG 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.