Hufvudstaden AB (publ) (OTCMKTS:HUFAF) Short Interest Update

Hufvudstaden AB (publ) (OTCMKTS:HUFAF) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 1,320,771 shares, a growth of 121.2% from the June 30th total of 596,994 shares. Based on an average daily volume of 128 shares, the days-to-cover ratio is presently 10,318.5 days.

Hufvudstaden AB (publ) Price Performance

Shares of OTCMKTS HUFAF opened at $12.89 on Thursday. The business’s fifty day moving average price is $12.81 and its two-hundred day moving average price is $13.11. Hufvudstaden AB has a 1-year low of $12.78 and a 1-year high of $12.89.

About Hufvudstaden AB (publ)

Hufvudstaden AB (publ) is a Swedish real estate company specializing in the ownership, management and development of high-quality commercial properties in central Stockholm and Gothenburg. Founded in 1915, the company’s portfolio includes retail, office and mixed-use buildings situated in premier urban districts such as Norrmalm and Östermalm in Stockholm, as well as the central shopping avenues of Gothenburg.

The company’s activities span leasing, property management and project development, with a focus on refurbishing and upgrading existing assets to meet contemporary tenant requirements.