Short Interest in AB SKF (publ) (OTCMKTS:SKFRY) Drops By 25.5%

AB SKF (publ) (OTCMKTS:SKFRY) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 15,500 shares, a drop of 25.5% from the February 28th total of 20,800 shares. Based on an average daily volume of 36,100 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are short sold.

AB SKF (publ) Trading Down 2.2 %

OTCMKTS SKFRY opened at $20.77 on Friday. AB SKF has a 52 week low of $17.15 and a 52 week high of $24.01. The company has a current ratio of 2.01, a quick ratio of 1.13 and a debt-to-equity ratio of 0.25. The stock has a market cap of $9.46 billion, a P/E ratio of 15.39, a PEG ratio of 1.24 and a beta of 1.24. The company’s fifty day simple moving average is $21.49 and its 200-day simple moving average is $19.98.

AB SKF (publ) (OTCMKTS:SKFRY) last released its earnings results on Friday, January 31st. The industrial products company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.28 by $0.11. AB SKF (publ) had a return on equity of 13.95% and a net margin of 6.57%. Equities research analysts predict that AB SKF will post 1.51 EPS for the current fiscal year.

AB SKF (publ) Company Profile

AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products.