Thule Group AB (publ) (OTCMKTS:THUPY) Short Interest Update

Thule Group AB (publ) (OTCMKTS:THUPY) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 533 shares, a drop of 60.2% from the May 31st total of 1,340 shares. Based on an average daily volume of 1,363 shares, the short-interest ratio is currently 0.4 days.

Thule Group AB (publ) Stock Performance

OTCMKTS:THUPY opened at $10.41 on Monday. The firm’s 50-day moving average is $11.84 and its 200-day moving average is $11.91. Thule Group AB has a 52-week low of $9.90 and a 52-week high of $15.45.

Thule Group AB (publ) Company Profile

Thule Group AB (publ) is a leading global organizer of active lifestyles, headquartered in Malmö, Sweden. The company designs, develops and markets a broad portfolio of products that enable the transport, protection and storage of sports equipment and travel gear. Its core offerings include roof racks, bike racks, roof boxes, towbars and accessories for automobiles, as well as luggage, backpacks and other travel solutions.

Founded in 1942, Thule has evolved from a Swedish family enterprise into a multinational business with a presence in more than 140 countries.