SAF-Holland SE (OTCMKTS:SFHLF) Short Interest Update

SAF-Holland SE (OTCMKTS:SFHLF) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 1,351 shares, a drop of 75.3% from the August 15th total of 5,473 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

SAF-Holland Stock Performance

Shares of OTCMKTS SFHLF opened at C$18.11 on Friday. The business has a 50-day moving average of C$18.56 and a 200-day moving average of C$18.76. SAF-Holland has a fifty-two week low of C$16.45 and a fifty-two week high of C$18.86.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of SAF-Holland in a research report on Friday, August 7th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

About SAF-Holland

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.