Short Interest in SFS Group AG (OTCMKTS:SFSLF) Grows By 151.9%

SFS Group AG (OTCMKTS:SFSLF) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 3,826 shares, a growth of 151.9% from the July 30th total of 1,519 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

SFS Group Price Performance

Shares of SFSLF stock opened at $112.80 on Friday. The stock has a 50 day simple moving average of $112.80 and a 200-day simple moving average of $112.80. SFS Group has a 12-month low of $112.80 and a 12-month high of $112.80.

Analysts Set New Price Targets

Separately, UBS Group downgraded SFS Group from a “buy” rating to a “neutral” rating in a report on Friday, July 24th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

SFS Group Company Profile

SFS Group is a global provider of precision components, fastening systems and engineering solutions for a wide range of industries, including automotive, aerospace, electronics, construction and consumer goods. The company specialises in the development, manufacture and distribution of metal and polymer fasteners, cold-formed parts, precision turned components and advanced assembly systems.

Its core offerings include custom screws, nuts, clips, inserts and rivets, alongside engineered plastic parts, fluid management products and automated assembly solutions.