Saab AB (publ) (OTCMKTS:SAABF) Short Interest Update

Saab AB (publ) (OTCMKTS:SAABF) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 1,044,400 shares, a decrease of 19.1% from the October 15th total of 1,290,900 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is presently 1,492.0 days.

Saab AB (publ) Price Performance

Shares of SAABF stock traded down $0.46 during trading hours on Friday, hitting $21.14. 118 shares of the company’s stock were exchanged, compared to its average volume of 1,973. The stock’s 50-day moving average is $21.59 and its 200-day moving average is $22.50. Saab AB has a 52 week low of $12.75 and a 52 week high of $26.15.

Saab AB (publ) (OTCMKTS:SAABF) last released its quarterly earnings results on Tuesday, October 22nd. The company reported $0.17 EPS for the quarter. The company had revenue of $1.30 billion for the quarter.

About Saab AB (publ)

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.