Saab AB - Unsponsored ADR (OTCMKTS:SAABY) Short Interest Update

Saab AB - Unsponsored ADR (OTCMKTS:SAABY - Get Free Report) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 15,500 shares, anincreaseof74.2% from the June 30th total of 8,900 shares. Based on an average daily volume of 187,300 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 187,300 shares, the short-interest ratio is presently 0.1 days.

Saab Stock Performance

Shares of SAABY opened at $27.58 on Wednesday. The company has a 50-day moving average of $25.98 and a two-hundred day moving average of $20.91. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.30 and a quick ratio of 0.84. The stock has a market cap of $29.53 billion, a price-to-earnings ratio of 45.21 and a beta of -0.02. Saab has a one year low of $9.68 and a one year high of $28.99.

Saab (OTCMKTS:SAABY - Get Free Report) last released its quarterly earnings results on Friday, July 18th. The company reported $0.29 EPS for the quarter. The company had revenue of $2.05 billion for the quarter. Saab had a net margin of 7.45% and a return on equity of 13.82%.

Wall Street Analysts Forecast Growth

SAABY has been the topic of several recent analyst reports. Citigroup cut shares of Saab from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, June 24th. Pareto Securities raised shares of Saab to a "hold" rating in a research note on Monday, July 21st.

Saab Company Profile

Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.

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