Safran SA (OTCMKTS:SAFRY) Short Interest Down 29.4% in January

Safran SA (OTCMKTS:SAFRY) was the recipient of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 80,625 shares, a decline of 29.4% from the January 15th total of 114,139 shares. Based on an average daily trading volume, of 445,509 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 445,509 shares, the short-interest ratio is currently 0.2 days.

Safran Trading Up 8.5%

Shares of OTCMKTS:SAFRY traded up $7.80 during trading hours on Monday, hitting $99.21. 196,227 shares of the company’s stock traded hands, compared to its average volume of 198,494. The business has a fifty day moving average price of $90.16 and a 200-day moving average price of $87.25. Safran has a 1 year low of $54.57 and a 1 year high of $99.93. The company has a quick ratio of 0.66, a current ratio of 0.93 and a debt-to-equity ratio of 0.20.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Zacks Research cut Safran from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 11th. Jefferies Financial Group reissued a “buy” rating on shares of Safran in a research report on Friday, October 24th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy”.

About Safran

Safran is a French multinational company active in aerospace, defense and security, with headquarters in the Paris area. The group was formed through the consolidation of long-established French aerospace and technology businesses and has developed into a broad supplier to commercial aviation, helicopters, space programs and military customers. Safran operates manufacturing, engineering and service facilities around the world to support original equipment manufacturers and aftermarket needs.

The company’s principal activities cover aircraft propulsion and equipment.