Short Interest in AB SKF (publ) (OTCMKTS:SKUFF) Grows By 46.5%

AB SKF (publ) (OTCMKTS:SKUFF) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 2,997,000 shares, a growth of 46.5% from the May 31st total of 2,045,500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 29,970.0 days.

AB SKF (publ) Stock Performance

SKUFF remained flat at $21.85 on Friday. The firm has a 50 day moving average of $21.52 and a two-hundred day moving average of $20.69. AB SKF has a 52 week low of $15.85 and a 52 week high of $22.60.

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.