Thule Group AB (publ) (OTCMKTS:THUPY) Short Interest Update

Thule Group AB (publ) (OTCMKTS:THUPY) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 533 shares, a drop of 60.2% from the May 31st total of 1,340 shares. Based on an average daily volume of 1,363 shares, the short-interest ratio is presently 0.4 days.

Thule Group AB (publ) Price Performance

OTCMKTS THUPY opened at $10.41 on Monday. Thule Group AB has a 1-year low of $9.90 and a 1-year high of $15.45. The stock’s 50 day moving average is $11.84 and its two-hundred day moving average is $11.91.

About Thule Group AB (publ)

Thule Group AB (publ) is a leading global organizer of active lifestyles, headquartered in Malmö, Sweden. The company designs, develops and markets a broad portfolio of products that enable the transport, protection and storage of sports equipment and travel gear. Its core offerings include roof racks, bike racks, roof boxes, towbars and accessories for automobiles, as well as luggage, backpacks and other travel solutions.

Founded in 1942, Thule has evolved from a Swedish family enterprise into a multinational business with a presence in more than 140 countries.