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

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

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of SAF-Holland in a research report on Friday, August 7th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

SAF-Holland Stock Performance

SAF-Holland stock remained flat at C$18.11 during trading on Friday. The stock’s 50 day moving average price is C$18.56 and its 200-day moving average price is C$18.76. SAF-Holland has a one year low of C$16.45 and a one year high of C$18.86.

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.