Short Interest in Saab AB (publ) (OTCMKTS:SAABF) Declines By 47.8%

Saab AB (publ) (OTCMKTS:SAABF) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,062,480 shares, a decrease of 47.8% from the July 15th total of 2,034,519 shares. Based on an average daily trading volume, of 7,485 shares, the short-interest ratio is currently 141.9 days.

Saab AB (publ) Price Performance

Shares of OTCMKTS:SAABF opened at $72.83 on Friday. Saab AB has a one year low of $47.03 and a one year high of $81.38. The firm has a fifty day moving average price of $58.75 and a two-hundred day moving average price of $63.79.

Saab AB (publ) Company Profile

Saab AB (publ) is a Sweden-based aerospace and defense company specializing in the design, development and manufacture of military and civil security solutions. With roots dating back to its founding in 1937 as Svenska Aeroplan Aktiebolaget, Saab has evolved into a multi-domain supplier offering advanced systems for air, land, sea and cyber environments. The company’s portfolio spans fighter aircraft, sensors, command and control systems, training services and integrated mission solutions.

In the aerospace segment, Saab is best known for its Gripen family of multi-role combat aircraft, which combines advanced avionics, modular architecture and cost-effective support.