Saab AB (publ) (OTCMKTS:SAABF) Short Interest Update

Saab AB (publ) (OTCMKTS:SAABF) was the recipient of a large 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 trading volume of 7,485 shares, the short-interest ratio is presently 141.9 days.

Saab AB (publ) Trading Up 1.4%

Saab AB (publ) stock opened at $72.83 on Friday. The business’s 50 day simple moving average is $58.75 and its 200 day simple moving average is $63.79. Saab AB has a 12 month low of $47.03 and a 12 month high of $81.38.

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.