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

SAF-Holland SE (OTCMKTS:SFHLF) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 4,219 shares, a growth of 212.3% from the August 31st total of 1,351 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

SAF-Holland Price Performance

Shares of SAF-Holland stock remained flat at C$18.11 on Friday. SAF-Holland has a 52-week low of C$16.45 and a 52-week high of C$18.86. The business has a 50-day moving average price of C$18.41 and a 200-day moving average price of C$18.71.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of SAF-Holland in a report on Friday, August 7th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

SAF-Holland Company Profile

SAF-Holland SA, trading on the OTC markets under the ticker SFHLF, is an international supplier of chassis-related systems for commercial vehicles. The company’s product portfolio encompasses landing gear, fifth wheel couplings, axles, suspension systems, coupling systems and related electronic components. These components are sold both to original equipment manufacturers (OEMs) of trailers, tractor units and buses as well as to the independent aftermarket, supporting the full life cycle of heavy‐duty vehicles.

SAF-Holland’s origins date back to the 19th and early 20th centuries, when its predecessor entities—SAF in France and Holland Hitch in the United States—began producing mechanical components for transport equipment.