Safran SA (OTCMKTS:SAFRY) Short Interest Up 169.1% in February

Safran SA (OTCMKTS:SAFRY) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 211,000 shares, an increase of 169.1% from the February 13th total of 78,400 shares. Based on an average daily volume of 1,262,700 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley lowered Safran from an “overweight” rating to an “equal weight” rating in a research report on Thursday, January 16th.

Safran Trading Up 3.0 %

SAFRY opened at $68.54 on Friday. Safran has a 12 month low of $51.02 and a 12 month high of $72.00. The company has a current ratio of 0.88, a quick ratio of 0.61 and a debt-to-equity ratio of 0.35. The stock has a 50-day moving average of $62.74 and a 200 day moving average of $58.69.

Safran Company Profile

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.