Thule Group AB (publ) (OTCMKTS:THUPY) Sees Large Drop in Short Interest

Thule Group AB (publ) (OTCMKTS:THUPY) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 603 shares, a decline of 73.1% from the September 30th total of 2,238 shares. Based on an average trading volume of 319 shares, the days-to-cover ratio is presently 1.9 days.

Thule Group AB (publ) Stock Performance

OTCMKTS:THUPY opened at $9.38 on Wednesday. Thule Group AB has a twelve month low of $9.18 and a twelve month high of $13.53. The company has a 50-day moving average of $10.06 and a 200-day moving average of $11.20.

About Thule Group AB (publ)

Thule Group AB (publ) is a Sweden-based company that develops and sells products designed to help people transport and enjoy outdoor equipment, luggage, children and pets. Its principal brand, Thule, offers roof racks, roof boxes, bike carriers, hitch-mounted carriers, water-sports carriers and other vehicle-access products.

The company also markets products for active families and outdoor enthusiasts, including child bike trailers, jogging strollers, multisport trailers, backpacks, luggage, duffel bags and other travel and everyday-carry products.