SFS Group AG (OTCMKTS:SFSLF) Shares Shorted: Short Interest Down 69.6% in September

SFS Group AG (OTCMKTS:SFSLF) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 449 shares, a decrease of 69.6% from the September 15th total of 1,475 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

SFS Group Price Performance

SFSLF remained flat at $112.80 during trading on Tuesday. The business’s fifty day simple moving average is $112.80 and its 200-day simple moving average is $112.80. SFS Group has a 12 month low of $112.80 and a 12 month high of $112.80.

Analysts Set New Price Targets

Separately, UBS Group cut shares of SFS Group from a “buy” rating to a “neutral” rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat, SFS Group has a consensus rating of “Hold”.

About SFS Group

SFS Group AG is a Switzerland-based industrial company that develops and manufactures precision components, fastening systems and logistics solutions for business customers. Its products include cold-formed and machined components, screws, rivets, special fasteners and assemblies used in applications such as automotive manufacturing, construction, electronics, aerospace, medical technology and general industry.

The company operates through activities that combine engineered component manufacturing, fastening technology and distribution.