Schaeffler AG (OTCMKTS:SFFLY – Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 50,041 shares, an increase of 269.9% from the October 15th total of 13,529 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 11,752 shares, the short-interest ratio is presently 4.3 days.
Schaeffler Trading Down 1.2%
OTCMKTS SFFLY traded down $0.07 during trading hours on Thursday, reaching $6.15. 3,340 shares of the company traded hands, compared to its average volume of 6,547. Schaeffler has a 12 month low of $6.00 and a 12 month high of $14.44. The company has a 50 day moving average of $7.20 and a two-hundred day moving average of $9.35.
Schaeffler Company Profile
Schaeffler AG is a Germany-based global supplier of automotive and industrial components. The company develops and manufactures precision products and systems used to reduce friction, manage motion and improve the efficiency and reliability of machinery and vehicles. Its automotive portfolio includes bearings, engine and transmission components, chassis systems, clutches, drivetrain technologies and solutions for hybrid and electric vehicles. Schaeffler also supplies products for industrial applications, including bearings, linear motion systems, condition-monitoring technologies and maintenance solutions.
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