Short Interest in Fortnox AB (publ) (OTCMKTS:FNOXF) Decreases By 10.3%

Fortnox AB (publ) (OTCMKTS:FNOXF) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 3,327,700 shares, a drop of 10.3% from the June 30th total of 3,710,500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 33,277.0 days.

Fortnox AB (publ) Price Performance

Shares of OTCMKTS FNOXF remained flat at $7.17 during midday trading on Wednesday. Fortnox AB has a 52 week low of $4.21 and a 52 week high of $7.22. The stock’s 50-day moving average price is $7.17 and its two-hundred day moving average price is $6.73.

About Fortnox AB (publ)

Fortnox AB (publ) provides products, packages, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations. The company offers bookkeeping, approval and review, supplier invoice, approval, invoice data capture, fixed assets, register, read, and audit access products; invoicing, basic invoicing, inventory, quote, order, autogiro, and time products; and annual accounts and taxes, reconciliation and reporting, group, and company manager reporting products.