Trelleborg AB (publ) (OTCMKTS:TBABF) Short Interest Up 31.6% in January

Trelleborg AB (publ) (OTCMKTS:TBABF) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 57,100 shares, an increase of 31.6% from the December 31st total of 43,400 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 571.0 days.

Trelleborg AB (publ) Price Performance

TBABF traded up $5.70 during midday trading on Friday, hitting $37.37. 1,494 shares of the company traded hands, compared to its average volume of 500. The company’s 50-day moving average is $36.27 and its 200 day moving average is $34.34. Trelleborg AB has a 52 week low of $31.67 and a 52 week high of $37.95.

Trelleborg AB (publ) Company Profile

Trelleborg AB (publ) provides engineered polymer solutions for seal, damp, and protect critical applications worldwide. The company offers antivibration solutions; automotive boots and noise damping; bearings and bushings; engineered coated fabrics; engineered molded parts; fenders, docking, and mooring; floatover; and fluid handling solutions.