Fortnox AB (publ) (OTCMKTS:FNOXF) Sees Large Decline in Short Interest

Fortnox AB (publ) (OTCMKTS:FNOXF) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 5,397,300 shares, a decline of 8.4% from the August 31st total of 5,889,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Fortnox AB (publ) Price Performance

OTCMKTS FNOXF opened at $7.17 on Tuesday. Fortnox AB has a one year low of $4.21 and a one year high of $7.22. The company has a 50-day simple moving average of $7.17 and a 200-day simple moving average of $7.17.

About Fortnox AB (publ)

Fortnox AB (publ) provides products, packages, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations. The company offers bookkeeping, approval and review, supplier invoice, approval, invoice data capture, fixed assets, register, read, and audit access products; invoicing, basic invoicing, inventory, quote, order, autogiro, and time products; and annual accounts and taxes, reconciliation and reporting, group, and company manager reporting products.