Trelleborg AB (publ) (OTCMKTS:TBABF) Sees Large Growth in Short Interest

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

Trelleborg AB (publ) Stock Performance

OTCMKTS TBABF opened at $37.31 on Friday. Trelleborg AB has a 12 month low of $31.67 and a 12 month high of $37.95. The company’s 50-day moving average price is $35.51 and its 200-day moving average price is $34.18.

About Trelleborg AB (publ)

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.