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

Fortnox AB (publ) (OTCMKTS:FNOXF) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 1,811,400 shares, a growth of 16.4% from the March 31st total of 1,555,900 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ? days.

Fortnox AB (publ) Price Performance

Shares of OTCMKTS FNOXF opened at $7.17 on Monday. The business’s 50 day moving average is $6.86 and its two-hundred day moving average is $5.63. Fortnox AB has a 1-year low of $4.21 and a 1-year high of $7.22.

About Fortnox AB (publ)

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.