AB Industrivärden (publ) (OTCMKTS:IDTVF) Sees Large Decline in Short Interest

AB Industrivärden (publ) (OTCMKTS:IDTVF) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totalling 37,100 shares, a drop of 9.7% from the September 15th total of 41,100 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 371.0 days.

AB Industrivärden (publ) Price Performance

AB Industrivärden (publ) stock remained flat at $31.26 during midday trading on Tuesday. AB Industrivärden has a 12-month low of $31.26 and a 12-month high of $36.87. The firm’s 50 day simple moving average is $31.26 and its 200-day simple moving average is $31.26.

AB Industrivärden (publ) Company Profile

AB Industrivärden is a publicly owned investment manager. The firm invests in the public equity markets of Nordic region. It employs fundamental analysis, with a focus on factors like long term return potential, proven business model, balance between risk and return, and attractive valuation to create its portfolio.