It Seems SAAB AB ORDINARY SHARES B SWEDEN (OTCMKTS:SAABF) Will Go Down. Just Reported More Shorted Shares

Saab AB (OTCMKTS:publ) Logo

The stock of SAAB AB ORDINARY SHARES B SWEDEN (OTCMKTS:SAABF) registered an increase of 7.72% in short interest. SAABF’s total short interest was 2.54M shares in May as published by FINRA. Its up 7.72% from 2.36M shares, reported previously. With 200 shares average volume, it will take short sellers 12690 days to cover their SAABF’s short positions.

It closed at $34.05 lastly. It is down 0.00% since May 8, 2018 and is . It has underperformed by 4.37% the S&P500.

Saab AB provides products, services, and solutions for the military, defense, and civil security markets worldwide. The company has market cap of $4.34 billion. The firm operates in six divisions: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Saab Kockums. It has a 37.71 P/E ratio. The Aeronautics segment develops, produces, and sells air power systems and military aviation systems, as well as conducts studies on manned and unmanned aircraft systems.

More notable recent Saab AB (OTCMKTS:publ) news were published by: Seekingalpha.com which released: “Paradox: A Truly Unique Gaming Stock – Seeking Alpha” on April 29, 2019, also Seekingalpha.com with their article: “Tele2: Performing Well In Hyper-Competitive Markets – Seeking Alpha” published on April 25, 2019, Seekingalpha.com published: “NetEnt: Is The Low Valuation Worth The Risk? – Seeking Alpha” on April 09, 2019. More interesting news about Saab AB (OTCMKTS:publ) were released by: Seekingalpha.com and their article: “Build A Core Position In Tencent Stock – Seeking Alpha” published on May 02, 2019 as well as Seekingalpha.com‘s news article titled: “Siemens to spin off struggling Gas and Power business – Seeking Alpha” with publication date: May 07, 2019.

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