Schindler Holding AG (OTCMKTS:SHLRF) Shares Shorted: Short Interest Up 121.7% in September

Schindler Holding AG (OTCMKTS:SHLRF – Get Free Report) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 16,805 shares, a growth of 121.7% from the August 31st total of 7,579 shares. Based on an average trading volume of 296 shares, the short-interest ratio is presently 56.8 days.

Schindler Stock Performance

Shares of SHLRF stock remained flat at $300.82 during trading hours on Friday. The business has a 50-day simple moving average of $300.50 and a 200 day simple moving average of $315.04. Schindler has a 1-year low of $287.49 and a 1-year high of $386.27.

About Schindler

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Schindler Holding AG is a Switzerland-based company that designs, manufactures, installs, modernizes and services elevators, escalators and moving walkways. Its products are used in residential, commercial, industrial and public buildings, as well as in transportation facilities such as airports and rail stations.

The company provides a range of passenger and freight elevators, escalators and moving walks, along with related control systems and digital technologies. Schindler also generates business through maintenance, repairs, modernization and replacement services for its own equipment and products supplied by other manufacturers.

Founded in 1874 by Robert Schindler in Lucerne, Switzerland, the company has grown into an international manufacturer and service provider.

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