Schindler Holding AG (OTCMKTS:SHLAF) Short Interest Up 56.9% in August

Schindler Holding AG (OTCMKTS:SHLAF) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 309,241 shares, a growth of 56.9% from the July 30th total of 197,117 shares. Based on an average trading volume of 340 shares, the short-interest ratio is presently 909.5 days.

Schindler Price Performance

Shares of OTCMKTS:SHLAF opened at $329.74 on Wednesday. Schindler has a 52 week low of $300.00 and a 52 week high of $410.62. The company has a 50 day moving average price of $331.50 and a two-hundred day moving average price of $344.47.

Analyst Upgrades and Downgrades

Separately, Citigroup reissued a “buy” rating on shares of Schindler in a research note on Thursday, July 2nd. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Schindler has a consensus rating of “Hold”.

About Schindler

Schindler Group is a Switzerland-based multinational engineering company specializing in the design, manufacturing and servicing of elevators, escalators and moving walkways. Its product portfolio spans a range of urban mobility solutions, from machine-room-less passenger lifts for residential buildings to high-capacity elevators for skyscrapers and heavy-duty escalators for transit hubs. The company emphasizes energy-efficient drive systems, digital connectivity and predictive maintenance technologies to support safe, reliable vertical transportation.

Founded in 1874 by Robert Schindler and Eduard Villiger in Lucerne, Schindler has grown from a regional ironworks into a global industry leader.