Nolato AB (publ) (OTCMKTS:NLTBF) Sees Large Increase in Short Interest

Nolato AB (publ) (OTCMKTS:NLTBFGet Free Report) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 3,868 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average daily trading volume, of 673 shares, the short-interest ratio is currently 5.7 days.

Nolato AB (publ) Price Performance

Shares of NLTBF opened at C$4.92 on Friday. The firm’s fifty day simple moving average is C$5.76 and its two-hundred day simple moving average is C$6.26. Nolato AB has a 12 month low of C$4.92 and a 12 month high of C$5.50.

About Nolato AB (publ)

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Nolato AB (publ) is a Sweden-based contract manufacturer specializing in polymer solutions. The company provides design, development and production services for injection-moulded plastic and silicone products. Its core business areas include telecom and consumer electronics, healthcare and life science, as well as industrial applications. Nolato works with multinational customers to deliver precision components, system assemblies and turnkey solutions.

In its telecom and consumer electronics segment, Nolato offers products ranging from handset casings to base station components and optical networks parts.

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