SAF-Holland SE (OTCMKTS:SFHLF) Sees Significant Decrease in Short Interest

SAF-Holland SE (OTCMKTS:SFHLF) saw a large decline in short interest in September. As of September 30th, there was short interest totaling 1,192 shares, a decline of 71.7% from the September 15th total of 4,219 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of SAF-Holland in a report on Friday, August 7th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

SAF-Holland Stock Performance

SFHLF stock remained flat at C$18.86 during mid-day trading on Tuesday. The stock’s fifty day moving average price is C$18.37 and its 200 day moving average price is C$18.69. SAF-Holland has a twelve month low of C$16.45 and a twelve month high of C$18.86.

SAF-Holland Company Profile

SAF-Holland SE is a Germany-based manufacturer of components and systems for commercial vehicles. The company supplies equipment used in trucks, trailers, buses and other heavy-duty transportation applications, with products designed to support vehicle mobility, load handling, safety and operating efficiency.

Its product portfolio includes trailer and truck axles, suspension systems, fifth-wheel couplings, kingpins, landing legs and other coupling and connection components. SAF-Holland also offers related replacement parts, service solutions and technologies for commercial vehicle fleets and manufacturers.

The company was formed in 2006 through the combination of SAF, a German trailer-axle manufacturer, and Holland Group, a North American producer of fifth-wheel and coupling systems.