Short Interest in Hufvudstaden AB (publ) (OTCMKTS:HUFAF) Drops By 60.3%
by Mitch Edgeman · The Markets DailyHufvudstaden AB (publ) (OTCMKTS:HUFAF – Get Free Report) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 596,994 shares, a decline of 60.3% from the June 15th total of 1,504,430 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.
Hufvudstaden AB (publ) Price Performance
Shares of HUFAF remained flat at $12.89 during trading hours on Wednesday. 640 shares of the stock traded hands, compared to its average volume of 317. The company has a 50-day moving average price of $12.79 and a 200 day moving average price of $13.17. Hufvudstaden AB has a 52-week low of $12.78 and a 52-week high of $12.89.
About Hufvudstaden AB (publ)
Hufvudstaden AB (publ) is a Swedish real estate company specializing in the ownership, management and development of high-quality commercial properties in central Stockholm and Gothenburg. Founded in 1915, the company’s portfolio includes retail, office and mixed-use buildings situated in premier urban districts such as Norrmalm and Östermalm in Stockholm, as well as the central shopping avenues of Gothenburg.
The company’s activities span leasing, property management and project development, with a focus on refurbishing and upgrading existing assets to meet contemporary tenant requirements.
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