SFS Group AG (OTCMKTS:SFSLF) Stock Short Interest Report for October

SFS Group AG (OTCMKTS:SFSLF) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 2,491 shares, an increase of 454.8% from the September 30th total of 449 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Analysts Set New Price Targets

Separately, UBS Group downgraded SFS Group from a “buy” rating to a “neutral” rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

SFS Group Price Performance

SFS Group stock remained flat at $112.80 during midday trading on Wednesday. The company has a 50 day simple moving average of $112.80 and a 200 day simple moving average of $112.80. SFS Group has a 52-week low of $112.80 and a 52-week high of $112.80.

SFS Group Company Profile

SFS Group AG is a Switzerland-based industrial company that develops and manufactures mechanical fastening systems, precision-formed components and related products. Its solutions are used by manufacturers and businesses in industries including automotive, construction, electronics, aerospace, medical technology and general industrial applications.

The company operates through three principal business areas: Engineered Components, Fastening Systems and Distribution & Logistics. Its products and services include cold-formed and precision-manufactured components, screws and other fastening products, as well as tools, hardware and logistics solutions supplied to professional customers.

Founded in 1928, SFS Group is headquartered in Heerbrugg, Switzerland, and serves customers through an international network of manufacturing, sales and distribution locations.