Safran SA (OTCMKTS:SAFRY) Short Interest Update

Safran SA (OTCMKTS:SAFRY) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 41,800 shares, a decline of 22.2% from the November 30th total of 53,700 shares. Based on an average trading volume of 230,100 shares, the days-to-cover ratio is presently 0.2 days.

Safran Stock Down 0.1 %

Shares of OTCMKTS:SAFRY traded down $0.04 during trading on Friday, reaching $54.94. The company’s stock had a trading volume of 109,199 shares, compared to its average volume of 159,566. Safran has a 12 month low of $43.04 and a 12 month high of $60.57. The company has a quick ratio of 0.61, a current ratio of 0.88 and a debt-to-equity ratio of 0.35. The firm’s 50 day simple moving average is $56.82 and its two-hundred day simple moving average is $55.67.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada upgraded shares of Safran to a “moderate buy” rating in a research report on Wednesday, September 11th.

Safran Company Profile

Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, satellites, and drones; and offers maintenance, repair, and overhaul (MRO) services, as well as sells spare parts.