Schaeffler AG (OTCMKTS:SFFLY – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 50,041 shares, a growth of 269.9% from the October 15th total of 13,529 shares. Based on an average daily trading volume, of 11,752 shares, the days-to-cover ratio is presently 4.3 days. Currently, 0.0% of the company’s stock are sold short.
Schaeffler Trading Down 1.2%
OTCMKTS SFFLY traded down $0.07 on Thursday, hitting $6.15. 3,340 shares of the stock traded hands, compared to its average volume of 6,547. The stock has a 50-day moving average of $7.20 and a 200 day moving average of $9.35. Schaeffler has a twelve month low of $6.00 and a twelve month high of $14.44.
Schaeffler Company Profile
Schaeffler AG is a Germany-based global supplier of automotive and industrial components. The company develops and manufactures precision products and systems used to reduce friction, manage motion and improve the efficiency and reliability of machinery and vehicles. Its automotive portfolio includes bearings, engine and transmission components, chassis systems, clutches, drivetrain technologies and solutions for hybrid and electric vehicles. Schaeffler also supplies products for industrial applications, including bearings, linear motion systems, condition-monitoring technologies and maintenance solutions.
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