Short Interest in Saab AB (OTCMKTS:SAABY) Rises By 308.8%

Saab AB (OTCMKTS:SAABY) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 27,800 shares, a growth of 308.8% from the January 31st total of 6,800 shares. Based on an average trading volume of 133,500 shares, the short-interest ratio is presently 0.2 days.

Saab Stock Up 2.8 %

Shares of OTCMKTS SAABY opened at $14.74 on Friday. Saab has a 1 year low of $9.68 and a 1 year high of $14.97. The firm’s 50-day simple moving average is $11.08.

About Saab

Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.