What’s in AKZO NOBEL N.V. ORDINARY SHARES (OTCMKTS:AKZOF) After Decline in Shorted Shares?

April 17, 2018 - By Clifton Ray

Akzo Nobel N.V. (OTCMKTS:AKZOF) Logo

The stock of AKZO NOBEL N.V. ORDINARY SHARES (OTCMKTS:AKZOF) registered a decrease of 1.88% in short interest. AKZOF’s total short interest was 287,200 shares in April as published by FINRA. Its down 1.88% from 292,700 shares, reported previously. With 1,200 shares average volume, it will take short sellers 239 days to cover their AKZOF’s short positions. The short interest to AKZO NOBEL N.V. ORDINARY SHARES’s float is 0.12%.

The stock increased 1.51% or $1.44 during the last trading session, reaching $96.99. About 100 shares traded. Akzo Nobel N.V. (OTCMKTS:AKZOF) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Akzo Nobel N.V. produces and sells paints and coatings worldwide. The company has market cap of $24.86 billion. It provides decorative paints, including paints, lacquers, and varnishes; mixing machines, color concepts, and training courses for the building and renovation industry; and specialty coatings for metal, wood, and other building materials. It has a 23.9 P/E ratio. The firm offers its decorative paints under the Coral, Dulux, Flexa, Hammerite, Sadolin and Sikkens brands.

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