SAF-Holland SE (OTCMKTS:SFHLF) Short Interest Down 93.3% in July

SAF-Holland SE (OTCMKTS:SFHLF) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 1,513 shares, a decrease of 93.3% from the July 15th total of 22,646 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

SAF-Holland Price Performance

Shares of SFHLF remained flat at C$18.86 during mid-day trading on Tuesday. The company has a 50-day moving average price of C$18.86 and a 200 day moving average price of C$18.86. SAF-Holland has a 52 week low of C$16.45 and a 52 week high of C$18.86.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of SAF-Holland in a report on Friday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

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.