Short Interest in Stadler Rail AG (OTCMKTS:SRAIF) Decreases By 44.1%

Stadler Rail AG (OTCMKTS:SRAIF) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 166,073 shares, a drop of 44.1% from the April 15th total of 297,225 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Stadler Rail Stock Performance

Shares of SRAIF traded down $1.66 during trading hours on Friday, hitting $26.65. 200 shares of the company were exchanged, compared to its average volume of 450. The firm has a fifty day simple moving average of $25.50 and a 200-day simple moving average of $26.04. Stadler Rail has a one year low of $23.23 and a one year high of $28.31.

About Stadler Rail

Stadler Rail AG, through its subsidiaries, engages in the manufacture and sale of trains in Switzerland, Germany, Austria, Western and Eastern Europe, the Americas, the CIS countries, and internationally. It operates through three segments: Rolling Stock; Service & Components; and Signalling. The Rolling Stock segment manufactures various rail vehicles comprising high-speed, intercity, city transport, locomotives, tailor-made, and regional trains, as well as passenger coaches, light rails, and trams.