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

Saab AB (publ) (OTCMKTS:SAABF) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 90,700 shares, a growth of 244.9% from the March 31st total of 26,300 shares. Based on an average trading volume of 1,000 shares, the short-interest ratio is presently 90.7 days.

Saab AB (publ) Stock Down 1.9 %

Shares of Saab AB (publ) stock traded down $1.59 during midday trading on Friday, reaching $83.70. 462 shares of the company’s stock traded hands, compared to its average volume of 814. The company’s 50 day simple moving average is $84.20 and its 200 day simple moving average is $66.35. Saab AB has a 52 week low of $50.20 and a 52 week high of $91.82.

Saab AB (publ)’s stock is scheduled to split before the market opens on Wednesday, May 8th. The 4-1 split was announced on Wednesday, May 8th. The newly created shares will be payable to shareholders after the market closes on Wednesday, May 8th.

Saab AB (publ) Company Profile

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.