AKZO NOBEL N.V. ORDINARY SHARES (OTCMKTS:AKZOF)’s Trend Up, Especially After Decreased Shorts

October 2, 2018 - By Dolores Ford

Akzo Nobel N.V. (OTCMKTS:AKZOF) Logo

The stock of AKZO NOBEL N.V. ORDINARY SHARES (OTCMKTS:AKZOF) registered a decrease of 18.28% in short interest. AKZOF’s total short interest was 286,500 shares in October as published by FINRA. Its down 18.28% from 350,600 shares, reported previously. With 400 shares average volume, it will take short sellers 716 days to cover their AKZOF’s short positions.

It closed at $96.34 lastly. It is down 0.00% since October 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Akzo Nobel N.V. produces and sells paints and coatings worldwide. The company has market cap of $23.90 billion. It provides decorative paints, including paints, lacquers, and varnishes; mixing machines, color concepts, and training courses for the building and renovation industry; and specialty coatings for metal, wood, and other building materials. It has a 25.86 P/E ratio. The firm offers its decorative paints under the Coral, Dulux, Flexa, Hammerite, Sadolin and Sikkens brands.

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