Fortnox AB (publ) (OTCMKTS:FNOXF) Sees Significant Decrease in Short Interest

Fortnox AB (publ) (OTCMKTS:FNOXF) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 1,555,900 shares, a decrease of 10.8% from the March 15th total of 1,744,400 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Fortnox AB (publ) Price Performance

Shares of Fortnox AB (publ) stock opened at $7.17 on Wednesday. The stock has a 50 day moving average of $6.56 and a 200 day moving average of $5.52. Fortnox AB has a 12 month low of $4.21 and a 12 month high of $7.22.

Fortnox AB (publ) Company Profile

Fortnox AB (publ) provides products, packages, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations. The company offers bookkeeping, approval and review, supplier invoice, approval, invoice data capture, fixed assets, register, read, and audit access products; invoicing, basic invoicing, inventory, quote, order, autogiro, and time products; and annual accounts and taxes, reconciliation and reporting, group, and company manager reporting products.