Short Interest in Safran SA (OTCMKTS:SAFRF) Expands By 25.0%

Safran SA (OTCMKTS:SAFRFGet Free Report) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 190,400 shares, an increase of 25.0% from the November 15th total of 152,300 shares. Based on an average trading volume of 2,100 shares, the short-interest ratio is currently 90.7 days.

Safran Stock Performance

OTCMKTS:SAFRF traded down $0.90 during trading hours on Friday, reaching $218.83. 1,357 shares of the company were exchanged, compared to its average volume of 2,409. The stock has a 50 day simple moving average of $228.55 and a 200 day simple moving average of $223.54. Safran has a 52-week low of $173.95 and a 52-week high of $246.47.

Safran Company Profile

(Get Free Report)

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.

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