ABB LTD REG ORDINARY SHARES (OTCMKTS:ABLZF) Sellers Increased By 5.02% Their Shorts


The stock of ABB LTD REG ORDINARY SHARES (OTCMKTS:ABLZF) registered an increase of 5.02% in short interest. ABLZF’s total short interest was 8.92 million shares in July as published by FINRA. Its up 5.02% from 8.49M shares, reported previously. With 68,700 shares average volume, it will take short sellers 130 days to cover their ABLZF’s short positions.

It closed at $18.58 lastly. It is down 0.00% since July 14, 2018 and is . It has underperformed by 4.43% the S&P500.

ABB Ltd manufactures and sells electrification, robotics and motion, industrial automation, and power grid products worldwide. The company has market cap of $39.83 billion. The Company’s Electrification Products segment provides modular substation packages, distribution automation products, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions. It has a 18.58 P/E ratio. This segment serves building, data center, rail, wind and solar, food and beverage, marine, and gas and oil industries.

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