AB Industrivärden (publ) (OTCMKTS:IDTVF) Sees Significant Increase in Short Interest

AB Industrivärden (publ) (OTCMKTS:IDTVF) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 39,900 shares, a growth of 54.1% from the October 15th total of 25,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 399.0 days.

AB Industrivärden (publ) Price Performance

IDTVF stock opened at $31.26 on Friday. The business’s 50-day moving average is $31.26 and its two-hundred day moving average is $31.26. AB Industrivärden has a fifty-two week low of $31.26 and a fifty-two week high of $36.87.

About AB Industrivärden (publ)

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.