SFS Group AG (OTCMKTS:SFSLF) Shares Shorted: Short Interest Down 52.4% in September

SFS Group AG (OTCMKTS:SFSLF) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 1,475 shares, a decrease of 52.4% from the August 31st total of 3,099 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Analyst Upgrades and Downgrades

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

SFS Group Stock Performance

SFSLF stock remained flat at $112.80 during mid-day trading on Tuesday. SFS Group has a 12 month low of $112.80 and a 12 month high of $112.80. The company’s fifty day moving average price is $112.80 and its two-hundred day moving average price is $112.80.

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.