Investor AB (publ) (OTCMKTS:IVSBF) Short Interest Update

Investor AB (publ) (OTCMKTS:IVSBF) was the recipient of a significant growth in short interest in May. As of May 28th, there was short interest totalling 32,000 shares, a growth of 527.5% from the May 13th total of 5,100 shares. Based on an average daily volume of 2,600 shares, the days-to-cover ratio is currently 12.3 days.

Shares of OTCMKTS:IVSBF traded down $0.13 during trading on Friday, hitting $23.40. 1,214 shares of the company’s stock were exchanged, compared to its average volume of 2,828. Investor AB has a 52-week low of $12.76 and a 52-week high of $23.76. The firm has a 50-day moving average of $63.57.

Separately, AlphaValue cut Investor AB (publ) to a “buy” rating in a research report on Thursday, May 20th.

Investor AB (publ) Company Profile

Investor AB (publ) is a venture capital firm specializing in mature, middle market, buyouts and growth capital investments. It is operating through four business areas including core, private equity, operating, and financial investments. For core investments, the firm invests in health care, financial services, IT and fintech sectors and considers investments in listed companies in leading minority positions.

Further Reading: Depreciation