Safran SA (OTCMKTS:SAFRY) Short Interest Update

Safran SA (OTCMKTS:SAFRY) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 41,800 shares, a drop of 22.2% from the November 30th total of 53,700 shares. Based on an average daily volume of 230,100 shares, the short-interest ratio is presently 0.2 days.

Safran Trading Down 0.1 %

OTCMKTS SAFRY traded down $0.04 during trading on Friday, reaching $54.94. 109,199 shares of the company’s stock traded hands, compared to its average volume of 159,566. Safran has a 12-month low of $43.04 and a 12-month high of $60.57. The company has a current ratio of 0.88, a quick ratio of 0.61 and a debt-to-equity ratio of 0.35. The company’s 50 day simple moving average is $56.82 and its two-hundred day simple moving average is $55.67.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada raised Safran to a “moderate buy” rating in a research note on Wednesday, September 11th.

Safran Company Profile

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.