Short Interest in Safran SA (OTCMKTS:SAFRY) Declines By 40.0%

Safran SA (OTCMKTS:SAFRY - Get Free Report) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 78,400 shares, a decrease of 40.0% from the January 31st total of 130,600 shares. Based on an average daily volume of 479,900 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

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

Safran Trading Up 2.0 %

OTCMKTS:SAFRY traded up $1.34 on Monday, reaching $67.53. The company's stock had a trading volume of 504,548 shares, compared to its average volume of 335,211. The company has a quick ratio of 0.61, a current ratio of 0.88 and a debt-to-equity ratio of 0.35. The business's 50-day moving average price is $60.04 and its two-hundred day moving average price is $57.78. Safran has a 1-year low of $51.02 and a 1-year high of $68.58.

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.