Safran SA (OTCMKTS:SAFRY – Get Free Report) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 114,139 shares, an increase of 23.5% from the December 31st total of 92,437 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 350,955 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 350,955 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold.
Analyst Upgrades and Downgrades
A number of research firms recently commented on SAFRY. Zacks Research cut Safran from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 11th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Safran in a research report on Friday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.
Read Our Latest Stock Analysis on Safran
Safran Trading Up 0.5%
Safran Company Profile
Safran is a French multinational company active in aerospace, defense and security, with headquarters in the Paris area. The group was formed through the consolidation of long-established French aerospace and technology businesses and has developed into a broad supplier to commercial aviation, helicopters, space programs and military customers. Safran operates manufacturing, engineering and service facilities around the world to support original equipment manufacturers and aftermarket needs.
The company’s principal activities cover aircraft propulsion and equipment.
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