Short Interest in Safran SA (OTCMKTS:SAFRF) Rises By 25.0%

Safran SA (OTCMKTS:SAFRF) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 190,400 shares, a growth of 25.0% from the November 15th total of 152,300 shares. Based on an average trading volume of 2,100 shares, the short-interest ratio is presently 90.7 days.

Safran Stock Performance

Shares of OTCMKTS:SAFRF traded down $0.90 during trading on Monday, reaching $218.83. 1,300 shares of the company were exchanged, compared to its average volume of 2,409. The business’s fifty day simple moving average is $228.55 and its 200-day simple moving average is $223.44. Safran has a 12-month low of $173.95 and a 12-month high of $246.47.

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.