Short Interest in Thule Group AB (publ) (OTCMKTS:THUPY) Rises By 101.5%

Thule Group AB (publ) (OTCMKTS:THUPY) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 1,074 shares, a growth of 101.5% from the June 15th total of 533 shares. Based on an average daily trading volume, of 627 shares, the short-interest ratio is presently 1.7 days.

Thule Group AB (publ) Price Performance

Thule Group AB (publ) stock opened at $10.70 on Thursday. Thule Group AB has a 52-week low of $9.90 and a 52-week high of $15.45. The firm has a fifty day moving average of $11.19 and a 200-day moving average of $11.71.

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.