Short Interest in AB Industrivärden (publ) (OTCMKTS:IDDTF) Grows By 19.3%

AB Industrivärden (publ) (OTCMKTS:IDDTF) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 620,530 shares, a growth of 19.3% from the February 26th total of 520,218 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

AB Industrivärden (publ) Price Performance

Shares of IDDTF opened at C$41.71 on Wednesday. The firm has a fifty day simple moving average of C$41.71 and a two-hundred day simple moving average of C$41.71. AB Industrivärden has a twelve month low of C$34.25 and a twelve month high of C$41.71.

AB Industrivärden (publ) Company Profile

AB Industrivärden (publ) is a Stockholm-based investment company with roots dating back to 1944. As a publicly traded holding company, Industrivärden acquires and manages long-term equity investments in primarily Nordic listed companies. The company is headquartered in Stockholm and maintains a focus on industrial and financial sectors, leveraging its deep market knowledge to foster sustainable value creation.

Industrivärden’s core business activity is strategic equity investment. It typically holds significant minority stakes in major Swedish and Nordic corporations, often taking board seats to support governance and strategic development.