SAF-Holland SE (OTCMKTS:SFHLF) Sees Large Decrease in Short Interest

SAF-Holland SE (OTCMKTS:SFHLF – Get Rating) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 11,700 shares, a decrease of 79.9% from the May 31st total of 58,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Separately, Deutsche Bank Aktiengesellschaft lowered their target price on shares of SAF-Holland from €13.00 ($13.83) to €12.00 ($12.77) and set a “hold” rating on the stock in a report on Wednesday, May 11th.

Shares of SFHLF remained flat at $12.06 during trading hours on Friday. SAF-Holland has a 1 year low of 8.40 and a 1 year high of 12.06.

About SAF-Holland (Get Rating)

SAF-Holland SE manufactures and supplies chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses. The company offers axle and suspension systems, fifth wheels, coupling systems, kingpins, and landing gears, as well as ball races, braking and EBS systems, lighting systems, and disc brakes.

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