ASSA ABLOY AB ORDINARY SHARES SWEDEN (OTCMKTS:ASAZF) Could Improve Your Long Portfolio After Less Shorts Reported

September 16, 2018 - By Margaret Guttierez

ASSA ABLOY AB (OTCMKTS:publ) Logo

The stock of ASSA ABLOY AB ORDINARY SHARES SWEDEN (OTCMKTS:ASAZF) registered a decrease of 1.18% in short interest. ASAZF’s total short interest was 11.00M shares in September as published by FINRA. Its down 1.18% from 11.13 million shares, reported previously. With 3,500 shares average volume, it will take short sellers 3142 days to cover their ASAZF’s short positions.

The stock increased 3.49% or $0.7 during the last trading session, reaching $20.75. About 543 shares traded. ASSA ABLOY AB (OTCMKTS:publ) has 0.00% since September 16, 2017 and is . It has underperformed by 15.62% the S&P500.

ASSA ABLOY AB provides door opening solutions in Europe, North America, South America, the Asia Pacific, the Middle East, and Africa. The company has market cap of $23.00 billion. It offers mechanical and electromechanical locks, digital door locks, cylinders, security doors, fire doors, door frames, industrial high-security fencing and gates, hardware, and fittings. It has a 62.5 P/E ratio. The firm also provides secure identity solutions primarily in identity and access management, and contactless identification technology solutions under the HID Global brand to healthcare, education, financial, government, and state institutions; and electronic lock systems, safes, energy management systems, and minibars for hotels and cruise ships under the VingCard and Elsafe product brands.

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