Schindler Holding AG (OTCMKTS:SHLRF – Get Free Report) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 16,805 shares, an increase of 121.7% from the August 31st total of 7,579 shares. Based on an average daily trading volume, of 296 shares, the days-to-cover ratio is presently 56.8 days.
Schindler Price Performance
SHLRF remained flat at $300.82 during mid-day trading on Friday. The business’s fifty day moving average is $300.50 and its 200-day moving average is $315.04. Schindler has a twelve month low of $287.49 and a twelve month high of $386.27.
About Schindler
Schindler Holding AG is a Switzerland-based company that designs, manufactures, installs, modernizes and services elevators, escalators and moving walkways. Its products are used in residential, commercial, industrial and public buildings, as well as in transportation facilities such as airports and rail stations.
The company provides a range of passenger and freight elevators, escalators and moving walks, along with related control systems and digital technologies. Schindler also generates business through maintenance, repairs, modernization and replacement services for its own equipment and products supplied by other manufacturers.
Founded in 1874 by Robert Schindler in Lucerne, Switzerland, the company has grown into an international manufacturer and service provider.
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