Short Interest in SAF-Holland SE (OTCMKTS:SFHLF) Decreases By 93.3%

SAF-Holland SE (OTCMKTS:SFHLFGet Free Report) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 1,513 shares, a decline of 93.3% from the July 15th total of 22,646 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

SAF-Holland Stock Performance

Shares of OTCMKTS SFHLF remained flat at C$18.86 during midday trading on Tuesday. The stock’s 50-day moving average is C$18.86 and its 200-day moving average is C$18.86. SAF-Holland has a one year low of C$16.45 and a one year high of C$18.86.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of SAF-Holland in a research note on Friday. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

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About SAF-Holland

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SAF-Holland SA, trading on the OTC markets under the ticker SFHLF, is an international supplier of chassis-related systems for commercial vehicles. The company’s product portfolio encompasses landing gear, fifth wheel couplings, axles, suspension systems, coupling systems and related electronic components. These components are sold both to original equipment manufacturers (OEMs) of trailers, tractor units and buses as well as to the independent aftermarket, supporting the full life cycle of heavy‐duty vehicles.

SAF-Holland’s origins date back to the 19th and early 20th centuries, when its predecessor entities—SAF in France and Holland Hitch in the United States—began producing mechanical components for transport equipment.

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