Short Interest in Schaeffler AG (OTCMKTS:SCFLF) Decreases By 33.3%

Schaeffler AG (OTCMKTS:SCFLF) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 27,700 shares, a decrease of 33.3% from the August 15th total of 41,500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 277.0 days.

Schaeffler Trading Down 11.6 %

Shares of OTCMKTS SCFLF traded down $0.57 on Monday, reaching $4.33. 100 shares of the company traded hands, compared to its average volume of 765. Schaeffler has a fifty-two week low of $4.33 and a fifty-two week high of $7.39. The company has a 50 day moving average of $5.33 and a 200 day moving average of $6.17. The company has a current ratio of 1.62, a quick ratio of 0.93 and a debt-to-equity ratio of 1.37.

Schaeffler (OTCMKTS:SCFLF) last posted its earnings results on Tuesday, August 6th. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $4.51 billion during the quarter. Schaeffler had a net margin of 1.89% and a return on equity of 7.58%.

Schaeffler Company Profile

Schaeffler AG, together with its subsidiaries, develops, manufactures, and sells components and system for industrial applications in Europe, the Americas, China, and the Asia Pacific. The Automotive Technologies division offers mechanical, mechatronic, and electronic components and systems for powertrain electrification used in passenger cars and commercial vehicles, such as electric motors, axle transmissions, axle drives, power electronics, hybrid modules, electromechanical and hydraulic actuators, and thermal management module; torque converters, hybrid dampers, clutches, variable valve train systems, valve-lash adjustment elements, balancer shafts, camshaft phasing systems, timing drives, and front end auxillary drives.