Nolato AB (publ) (OTCMKTS:NLTBF) Sees Significant Increase in Short Interest

Nolato AB (publ) (OTCMKTS:NLTBF) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 4,151 shares, an increase of 2,649.0% from the September 30th total of 151 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Nolato AB (publ) Stock Performance

NLTBF remained flat at C$5.50 during trading on Wednesday. Nolato AB has a 12-month low of C$4.92 and a 12-month high of C$5.50. The business has a 50 day moving average price of C$5.46 and a 200 day moving average price of C$5.84.

Nolato AB (publ) Company Profile

Nolato AB (publ) is a Sweden-based development and manufacturing company specializing in polymer-based products and production systems. The company works with materials including thermoplastics, silicone and elastomers, providing design, engineering, prototyping and high-volume manufacturing services for customers in several industries.

Nolato’s operations serve the medical technology and pharmaceutical sectors, as well as telecommunications, automotive, consumer electronics and other industrial markets.