Thule Group AB (publ) (OTCMKTS:THUPY) Shares Shorted: Short Interest Up 1,704.8% in September

Thule Group AB (publ) (OTCMKTS:THUPY) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 2,238 shares, an increase of 1,704.8% from the September 15th total of 124 shares. Based on an average daily volume of 1,255 shares, the days-to-cover ratio is presently 1.8 days.

Thule Group AB (publ) Price Performance

Thule Group AB (publ) stock remained flat at $9.29 during mid-day trading on Friday. 159 shares of the company’s stock traded hands, compared to its average volume of 1,452. Thule Group AB has a one year low of $9.29 and a one year high of $13.75. The business has a 50-day moving average of $10.45 and a two-hundred day moving average of $11.05.

Thule Group AB (publ) Company Profile

Thule Group AB (publ) is a Swedish manufacturer of products designed to help people transport and protect their outdoor equipment, vehicles, and personal belongings. Founded in 1942, the company operates under the Thule brand and focuses on products that support active lifestyles, travel, and everyday mobility.

Its product portfolio includes roof racks, roof boxes, bicycle carriers, watersports carriers, and other vehicle-mounted transport solutions. Thule also offers products for families and outdoor enthusiasts, including child bike seats, bike trailers, strollers, luggage, backpacks, and protective cases.