Investor AB (publ) (OTCMKTS:IVSBF) Sees Large Growth in Short Interest

Investor AB (publ) (OTCMKTS:IVSBF) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,501,500 shares, a growth of 15.0% from the August 15th total of 1,306,000 shares. Based on an average daily volume of 3,800 shares, the short-interest ratio is presently 395.1 days.

Wall Street Analysts Forecast Growth

Separately, Handelsbanken upgraded shares of Investor AB (publ) from a “market perform” rating to an “outperform” rating in a report on Tuesday, July 18th.

Investor AB (publ) Stock Performance

Shares of IVSBF traded down $0.01 during midday trading on Tuesday, hitting $19.09. The stock had a trading volume of 1,650 shares, compared to its average volume of 2,378. The business has a 50-day simple moving average of $19.44 and a two-hundred day simple moving average of $19.70. Investor AB has a fifty-two week low of $13.46 and a fifty-two week high of $21.22.

About Investor AB (publ)

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.