Short Interest in Thule Group AB (publ) (OTCMKTS:THUPY) Declines By 36.3%

Thule Group AB (publ) (OTCMKTS:THUPY) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 875 shares, a drop of 36.3% from the July 15th total of 1,374 shares. Based on an average trading volume of 875 shares, the days-to-cover ratio is presently 1.0 days.

Thule Group AB (publ) Price Performance

Shares of THUPY opened at $10.75 on Thursday. Thule Group AB has a 1-year low of $9.90 and a 1-year high of $15.45. The firm has a fifty day moving average price of $10.82 and a 200 day moving average price of $11.49.

About Thule Group AB (publ)

Thule Group AB (publ) is a leading global organizer of active lifestyles, headquartered in Malmö, Sweden. The company designs, develops and markets a broad portfolio of products that enable the transport, protection and storage of sports equipment and travel gear. Its core offerings include roof racks, bike racks, roof boxes, towbars and accessories for automobiles, as well as luggage, backpacks and other travel solutions.

Founded in 1942, Thule has evolved from a Swedish family enterprise into a multinational business with a presence in more than 140 countries.