Safran SA (OTCMKTS:SAFRY) Short Interest Update

Safran SA (OTCMKTS:SAFRY) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 78,400 shares, a decline 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 presently 0.2 days.

Wall Street Analyst Weigh In

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

Safran Stock Performance

Shares of OTCMKTS SAFRY traded up $1.83 during mid-day trading on Friday, reaching $66.19. 560,693 shares of the company’s stock were exchanged, compared to its average volume of 330,872. Safran has a 52 week low of $51.02 and a 52 week high of $66.37. The company has a current ratio of 0.88, a quick ratio of 0.61 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average price of $60.04 and a two-hundred day moving average price of $57.75.

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.