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Safran SA (OTCMKTS:SAFRY) Short Interest Down 22.2% in December

Safran logo with Aerospace background

Safran SA (OTCMKTS:SAFRY - Get Free Report) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 41,800 shares, a decrease of 22.2% from the November 30th total of 53,700 shares. Based on an average daily trading volume, of 230,100 shares, the short-interest ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada raised shares of Safran to a "moderate buy" rating in a research note on Wednesday, September 11th.

View Our Latest Research Report on Safran

Safran Price Performance

SAFRY stock traded down $0.04 during midday trading on Friday, reaching $54.94. 109,199 shares of the stock were exchanged, compared to its average volume of 159,566. Safran has a 52 week low of $43.04 and a 52 week high of $60.57. The company has a fifty day moving average price of $56.82 and a 200 day moving average price of $55.67. The company has a current ratio of 0.88, a quick ratio of 0.61 and a debt-to-equity ratio of 0.35.

Safran Company Profile

(Get Free Report)

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.

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