Safran SA (OTCMKTS:SAFRY) Short Interest Update

Safran SA (OTCMKTS:SAFRY - Get Free Report) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 155,600 shares, a decline of 26.3% from the February 28th total of 211,000 shares. Based on an average trading volume of 852,700 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley downgraded shares of Safran from an "overweight" rating to an "equal weight" rating in a report on Thursday, January 16th.

Safran Trading Up 0.0 %

Safran stock traded up $0.03 during trading hours on Thursday, hitting $66.33. The stock had a trading volume of 150,804 shares, compared to its average volume of 328,118. Safran has a fifty-two week low of $51.02 and a fifty-two week high of $72.00. The company has a 50-day moving average of $65.51 and a two-hundred day moving average of $59.94. The company has a current ratio of 0.88, a quick ratio of 0.61 and a debt-to-equity ratio of 0.35.

About Safran

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.