Safran SA (OTCMKTS:SAFRF) Short Interest Update

Safran SA (OTCMKTS:SAFRF) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 487,900 shares, a growth of 156.1% from the December 31st total of 190,500 shares. Based on an average daily trading volume, of 4,600 shares, the days-to-cover ratio is currently 106.1 days.

Safran Price Performance

Shares of OTCMKTS:SAFRF traded down $1.33 on Wednesday, reaching $245.29. 1,089 shares of the company traded hands, compared to its average volume of 1,955. The company’s 50 day moving average is $226.94 and its 200-day moving average is $224.63. Safran has a fifty-two week low of $184.95 and a fifty-two week high of $250.84.

About Safran

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.