Short Interest in SAF-Holland SE (OTCMKTS:SFHLF) Increases By 645.9%

SAF-Holland SE (OTCMKTS:SFHLF) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 17,917 shares, an increase of 645.9% from the November 30th total of 2,402 shares. Based on an average daily trading volume, of 202 shares, the days-to-cover ratio is currently 88.7 days. Based on an average daily trading volume, of 202 shares, the days-to-cover ratio is currently 88.7 days.

SAF-Holland Price Performance

OTCMKTS:SFHLF remained flat at C$16.45 during midday trading on Friday. SAF-Holland has a fifty-two week low of C$16.45 and a fifty-two week high of C$17.26. The business’s 50 day moving average price is C$17.47 and its 200 day moving average price is C$17.78.

SAF-Holland Company Profile

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.