Short Interest in AB SKF (publ) (OTCMKTS:SKUFF) Drops By 43.6%

AB SKF (publ) (OTCMKTS:SKUFF) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 930,900 shares, a decrease of 43.6% from the January 15th total of 1,651,600 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

AB SKF (publ) Stock Performance

SKUFF stock remained flat at $19.00 during midday trading on Thursday. AB SKF has a 1-year low of $17.15 and a 1-year high of $22.60. The firm has a fifty day simple moving average of $18.95 and a two-hundred day simple moving average of $18.99.

About AB SKF (publ)

AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products.