Safran SA (OTCMKTS:SAFRY) Short Interest Up 169.1% in February

Safran SA (OTCMKTS:SAFRY) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 211,000 shares, an increase of 169.1% from the February 13th total of 78,400 shares. Based on an average trading volume of 1,262,700 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Safran Stock Performance

Shares of OTCMKTS SAFRY opened at $68.54 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.88 and a quick ratio of 0.61. Safran has a 1 year low of $51.02 and a 1 year high of $72.00. The firm has a 50-day simple moving average of $62.74 and a two-hundred day simple moving average of $58.69.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley lowered Safran from an “overweight” rating to an “equal weight” rating in a research report on Thursday, January 16th.

Safran Company Profile

Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, satellites, and drones; and offers maintenance, repair, and overhaul (MRO) services, as well as sells spare parts.