Schindler Holding AG (OTCMKTS:SHLAF – Get Free Report) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 197,117 shares, a decline of 55.9% from the July 15th total of 447,332 shares. Based on an average daily trading volume, of 86 shares, the short-interest ratio is currently 2,292.1 days.
Analysts Set New Price Targets
Separately, Citigroup restated a “buy” rating on shares of Schindler in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.
Check Out Our Latest Analysis on Schindler
Schindler Stock Performance
About Schindler
Schindler Group is a Switzerland-based multinational engineering company specializing in the design, manufacturing and servicing of elevators, escalators and moving walkways. Its product portfolio spans a range of urban mobility solutions, from machine-room-less passenger lifts for residential buildings to high-capacity elevators for skyscrapers and heavy-duty escalators for transit hubs. The company emphasizes energy-efficient drive systems, digital connectivity and predictive maintenance technologies to support safe, reliable vertical transportation.
Founded in 1874 by Robert Schindler and Eduard Villiger in Lucerne, Schindler has grown from a regional ironworks into a global industry leader.
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